M&A Deal Summary

LyondellBasell Acquires Zylog Plastalloys - PP Compounding Business

On November 30, 2015, LyondellBasell acquired chemicals company Zylog Plastalloys - PP Compounding Business from Zylog Plastalloys Pvt.

Acquisition Highlights
  • This is LyondellBasell’s 4th transaction in the Chemicals sector.
  • This is LyondellBasell’s 2nd transaction in India.

M&A Deal Summary

Date 2015-11-30
Target Zylog Plastalloys - PP Compounding Business
Sector Chemicals
Buyer(s) LyondellBasell
Sellers(s) Zylog Plastalloys Pvt.
Deal Type Divestiture

Target

Zylog Plastalloys - PP Compounding Business

India
Zylog Plastalloys - PP Compounding Business is a provider of chemical products.

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Buyer(S) 1

Buyer

LyondellBasell

Houston, Texas, United States

Category Company
Founded 2007
Sector Chemicals
Employees20,000
Revenue 40.3B USD (2024)
DESCRIPTION
LyondellBasell office in downtown Houston, Texas.
LyondellBasell office in downtown Houston, Texas.

LyondellBasell is a plastics, chemicals and refining company that produces materials and products that are key to advancing solutions to modern challenges like enhancing food safety through lightweight and flexible packaging, protecting the purity of water supplies through stronger and more versatile pipes, and improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road. LyondellBasell was founded in 2007 and is based in Houston, Texas.


DEAL STATS #
Overall 4 of 12
Sector: Chemicals M&A 4 of 9
Type: Divestiture M&A Deals 1 of 2
Country: India M&A 2 of 2
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-10 SJS Plastiblends Pvt.

Aurangabad, India

SJS Plastiblends Pvt. Ltd. is a provider of polypropylene compounds (PPC) manufacturer.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-05 Petroken Petroquimica Ensenada S.A

Buenos Aires, Argentina

Petroken Petroquimica Ensenada S.A is a polypropylene producer.

Sell $184M

Seller(S) 1

SELLER

Zylog Plastalloys Pvt.

Nashik, India

Category Company
Sector Chemicals
DESCRIPTION

Zylog Plastalloys Pvt. Ltd. is a producer of PP compounds, thermoplastic vulcanizates (TPVs) and thermoplastic elastomers (TPEs) based on ethylene propylene diene monomer (EPDM) rubber and styrene chemistry.


DEAL STATS #
Overall 1 of 1
Sector: Chemicals M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2015 M&A 1 of 1