HOUSTON, June 5 /PRNewswire-FirstCall/ -- Douglas J. Pike has been named Director, Investor Relations for Lyondell Chemical Company (NYSE: LYO), succeeding Patrick Quarles, who has taken a new position in the company's Controllers organization.

Pike brings a broad and deep knowledge of the business and the industry to the IR function. In a 23-year career with ARCO and Lyondell, he has held positions of increasing responsibility in the areas of business management, business analysis, planning and manufacturing. Most recently, he has served as Director, Portfolio Planning in the Corporate Development organization, where he has been instrumental in the development of the corporate strategy and the implementation of the pending acquisition of Occidental's stake in Equistar.

Pike began his career with ARCO as a process engineer. He has served in management positions in the petrochemicals, polymers, and propylene oxide business areas. He also worked for a time as corporate planning consultant with Atlantic Richfield Company, focusing on the sale of ARCO Chemical to Lyondell.

Pike has a BS degree in chemical and petroleum refining from the Colorado School of Mines, and has attended MBA programs at the University of Houston and Temple University.

Lyondell Chemical Company, (www.lyondell.com ), headquartered in Houston, Texas, is the world's largest producer of propylene oxide (PO); the world's number three supplier of TDI (toluene diisocyanate); a leading producer of propylene glycol; a leading producer of other PO derivatives such as BDO (butanediol) and PGE (propylene glycol ether); and a producer of styrene monomer and MTBE as co-products of PO production. Through its 41% interest in Equistar Chemicals, LP, Lyondell also is one of the largest producers of ethylene, propylene and polyethylene in North America and a leading producer of polypropylene, ethylene oxide, ethylene glycol, high value-added specialty polymers and polymeric powder. Through its 58.75% interest in LYONDELL-CITGO Refining LP, Lyondell is one of the largest refiners in the United States, processing extra heavy Venezuelan crude oil to produce gasoline, low sulfur diesel and jet fuel.

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SOURCE Lyondell Chemical Company
Web site: http: //www.lyondell.com
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CONTACT: Anne M. Knisely of Lyondell Chemical Company, +1-713-309-2643
CAPTION: LYOLOGO LYONDELL LOGO Lyondell Logo. (PRNewsFoto)[PM] HOUSTON, TX USA 09/21/2000