AEQUITA acquires European olefins and polyolefins assets from LyondellBasell, launches Velogy

Materials · Netherlands · Undisclosed

AEQUITA acquired select European olefins and polyolefins assets from LyondellBasell (NYSE: LYB), comprising four production sites in France, Germany, the UK, and Spain generating approximately EUR 2.5 billion in revenue, launching the business as Velogy with Richard Roudeix as CEO.