02.03.2010 • News

Lyondell Rejects India's Reliance Bid

Bankrupt petrochemicals firm LyondellBasell has rejected a bid by Indian energy major Reliance Industries, Bloomberg reported, citing two people briefed on the matter.

Reliance, controlled by billionaire Mukesh Ambani, is likely to turn its attention to other acquisition opportunities if its bid for Lyondell, valuing the bankrupt firm at $14.5 billion, falls short.

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The State of the US Specialty Chemicals Industry
Reshaping Specialty Chemicals Manufacturing

The State of the US Specialty Chemicals Industry

SOCMA's Jenn Klein examines how specialty chemical manufacturers — the invisible backbone behind pharmaceuticals, electronics, agriculture, and energy — are navigating supply chain shifts, policy uncertainty, and constant change while remaining resilient, disciplined, and focused on execution.

Expert Insights

ADCs for Precision Cancer Therapy
Comprehensive Insights into Antibody–Drug Conjugates

ADCs for Precision Cancer Therapy

Explore how antibody-drug conjugates are reshaping precision cancer therapy and discover what it takes to successfully develop, manufacture, and scale these complex biologics.

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News • Chemistry

VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.