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Potential Braskem deal btwn Odebrecht, LyondellBasell will be analyze - Petrobras

By Reuters

Petroleumworld 06 18 2018

Brazil's state-run oil company Petroleo Brasileiro said on Friday that if LyondellBasell Industries NV reaches an agreement to buy Odebrecht's stake in Petrochemical firm Braskem SA, it will analyze the deal.

Plastic, chemicals and refining company LyondellBasell Industries NV has begun talks with Brazilian construction conglomerate Odebrecht SA about such a tie-up. Petrobras has a 36 percent stake in Braskem.


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Reporting by Carolina Mandl Editing by Chizu Nomiyama from Reuters. 06 15 2018

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