LyondellBasell

Placed among the wealthiest people globally, the Ambani brothers' groups also have the dubious distinction of accounting for over 90 per cent of the estimated USD 27 billion merger and

Merger deals worth $ 27 billion have soured so far this year in India.

The biggest non-starter was that of Mukesh Ambani-led Reliance Industries' USD 14

Global petrochemical major LyondellBasell today said it has restarted crude distillation unit, Houston refinery, which had caught fire last month, after repairs.

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Dutch Petrochemicals major LyondellBasell, which turned down a takeover offer from Reliance Industries recently, has emerged from bankruptcy protection after a 16-month period.

"This marks a new beginning for LyondellBasell

Reliance Industries made over 20 visits to facilities owned by LyondellBasell Industries AF since making its first offer to buy the bankrupt chemical maker in November and twice revised its

Bankrupt petrochemicals firm LyondellBasell outlined a restructuring plan that it said was a better option than a $14. 5 billion bid from Indian energy major Reliance Industries court documents