Lyondell Chemical Company Names Bart de Jong Vice President, Corporate Development

HOUSTON, June 10 /PRNewswire-FirstCall/ -- The Board of Directors of Lyondell Chemical Company (NYSE: LYO) has elected Bart de Jong to the position of Vice President, Corporate Development, effective June 15.

In his new position, de Jong will have responsibility for strategic planning and mergers and acquisitions. He will report to Kevin DeNicola, recently named chief financial officer.

Prior to joining Lyondell in 2001 as Director, Business Analysis & Planning, de Jong was Chief Financial Officer of eLink Commerce, Inc., an early stage information technology company. de Jong also has extensive global experience in the petroleum and chemical industries. He has held a variety of finance, planning and commercial development positions, both in the U.S. and overseas, with Exxon Corporation, ARCO Chemical Company and Atlantic Richfield Company.

de Jong earned the equivalent of a Master of Science degree from Erasmus University in Rotterdam, The Netherlands, and holds the equivalent of Certified Public Accountant status.

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: media, Anne M. Knisely, +1-713-309-2643, or investors, Douglas J. Pike, +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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