ROTTERDAM, Netherlands, January 28, 2010 – Effective February 1, LyondellBasell Industries will increase prices in Europe by €120 per tonne on all of its polypropylene grades and €100 per tonne on all of its polyethylene grades.

“This increase is due to the continued escalation in feedstock costs,” said Anton de Vries, LyondellBasell’s senior vice president for olefins and polyolefins in Europe, Asia and International.

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LyondellBasell Industries is one of the world’s largest polymers, petrochemicals and fuels companies. We are the global leader in polyolefins technology, production and marketing; a pioneer in propylene oxide and derivatives; and a significant producer of fuels and refined products, including biofuels. Through research and development, LyondellBasell develops innovative materials and technologies that deliver exceptional customer value and products that improve quality of life for people around the world. LyondellBasell (www.lyondellbasell.com) is privately owned by ProChemie GmbH, a joint venture of Access Industries and ProChemie Holding Ltd.

Source: LyondellBasell Industries

For information, contact:
Media – Waldemar Oldenburger, +49 69 305 854 59 or
waldemar.oldenburger@lyondellbasell.com