Lyondell Corrects Erroneous Wire Service Report on Workforce Reductions; Should Read 120 Jobs Eliminated at Lake Charles (LA) Facility

HOUSTON, Sept. 20 /PRNewswire/ -- Responding to an erroneous wire service report, Lyondell Chemical Company (NYSE: LYO) clarified today that it is eliminating approximately 120 jobs at its Lake Charles manufacturing facility (or approximately 20% of the workforce at that site) due to a decision to exit the ADI business and restructure its TDI business. The company is not reducing its overall workforce by 20%.

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SOURCE Lyondell Chemical Company
Web site: http: //www.lyondell.com
Photo: NewsCom: http: //www.newscom.com/cgi-bin/prnh/20000921/LYOLOGO AP Archive: http://photoarchive.ap.org PRN Photo Desk, +1-888-776-6555 or +1-212-782-2840
CONTACT: media, Tom Clohesy, +1-212-856-4425, or investors, Pat Quarles, +1-713-309-7141, both of Lyondell Chemical Company
CAPTION: LYOLOGO LYONDELL LOGO Lyondell Logo. (PRNewsFoto)[PM] HOUSTON, TX USA 09/21/2000


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