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Middle East Bankruptcy News. Service for global professionals. Constantly updated news and information about Middle East Bankruptcy.
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  • Reliance Bids for Bankrupt LyondellBasell to Expand Overseas 23 Nov 2009 00:35 GMT
    ... 99,000 square kilometers of acreage in Oman, Yemen, Colombia, East Timor and Peru, Mukesh Ambani ... are going to continue to see the Middle East players expand downstream into thermoplastics, adhesives ... and Abu Dhabi’s purchase of Nova Chemicals. Saudi Basic Industries Corp. bought General Electric Co.’s ...

  • Reliance Industries Makes Offer for Bankrupt LyondellBasell to Grow Abroad 23 Nov 2009 03:15 GMT
    ... , India’s most valuable company, bid for bankrupt chemicals ... by Reliance in a Nov. 21 statement. Saudi Basic Industries Corp. bought General Electric Co.’s ... 99,000 square kilometers of acreage in Oman, Yemen, Colombia, East Timor and Peru, Mukesh Ambani ...

  • Reliance jumps on hopes of Lyondell bargain 23 Nov 2009 14:00 GMT
    ... Reliance Industries' KG-D6 floating production storage and offloading ... ranks of top petrochemical makers such as Saudi Arabia's SABIC, Germany's BASF and Dow Chemical Co. ...

  • UPDATE 2-India's Reliance jumps on hopes of Lyondell bargain 23 Nov 2009 12:50 GMT
    ... * Helps Reliance expand globally, especially in U.S., Europe ... ranks of top petrochemical makers such as Saudi Arabia's SABIC 2010.SE, Germany's BASF ( Sources have ...

  • India's Reliance jumps on hopes of Lyondell bargain 23 Nov 2009 13:26 GMT
    ... MUMBAI (Reuters) - Shares in Reliance Industries ( ... ranks of top petrochemical makers such as Saudi Arabia's SABIC 2010.SE, Germany's BASF ( Sources have ...

  • Indian shares up 0.9 pct; Reliance gains 3.3 pct 23 Nov 2009 11:40 GMT
    ... * Investors cheer Reliance's bid for LyondellBasell * Cigarette ... ranks of top petrochemical makers such as Saudi Arabia's SABIC 2010.SE, Germany's BASF ( ) and ...

  • BSE Sensex up 0.9 pct; Reliance gains 3.3 pct 23 Nov 2009 12:11 GMT
    ... People walk past the Bombay Stock Exchange (BSE) ... ranks of top petrochemical makers such as Saudi Arabia's SABIC, Germany's BASF and U.S.-based Dow Chemical ...

  • Markets up 0.9%; Reliance gains 3.3% 23 Nov 2009 13:32 GMT
    ... Mumbai: Indian shares rose 0.9% on Monday, powered ... ranks of top petrochemical makers such as Saudi Arabia’s SABIC, Germany’s BASF and US-based Dow Chemical ...

  • Reliance-LyondellBasell deal to be value accretive for RIL 23 Nov 2009 14:56 GMT
    ... good tech portfolio and JVs in the Middle East, while, RIL's petrochem business is mostly Indiacentric. ... size of the companies, balance sheet leverage, bankruptcy of the acquiree, and global economy now ...

  • Reliance shares rise over Lyondell bid 23 Nov 2009 12:10 GMT
    ... for a controlling stake in LyondellBasell, the bankrupt Dutch-based US petrochemical giant. “We believe that ... operator, has been seeking partners in the Middle East and Africa, having failed to tie up ...

  • Reliance to offer $10bn for control of Lyondell 23 Nov 2009 02:40 GMT
    ... for a controlling stake in LyondellBasell, the bankrupt Dutch-based US petrochemical giant, in what would ... operator, has been seeking partners in the Middle East and Africa, having failed to tie up ...

  • Indian Stocks Rise a Second Day; Reliance Gains on Acquisition 23 Nov 2009 09:37 GMT
    ... biggest publicly traded company said it’s buying bankrupt chemicals and fuels maker LyondellBasell Industries AF. ... U.S. regions and also presence in the Middle East through LyondellBasell upcoming low-cost olefin capacities,” , ...

  • Reliance Bids for LyondellBasell to Expand Overseas 23 Nov 2009 06:57 GMT
    ... , owner of the world’s largest oil-refining complex, bid ... has 99,000 square kilometers of acreage in Oman, Yemen, Colombia, East Timor and Peru, Ambani told ...

  • Stocks to watch: ICICI Bank, Allahabad Bank, Essar Oil... 23 Nov 2009 05:51 GMT
    ... Following stocks are likely to be in limelight ... 750-million by issuing five-year bonds at its Bahrain branch. Shares of the bank closed up ... an initial bid for a license in Oman. Shares of MTNL closed down Rs 0, ...

  • India's Reliance Industries offers to acquire LyondellBasell 23 Nov 2009 11:54 GMT
    ... will be the biggest polypropylene (PP) player in the ... Netherlands-based company, whose operation is currently under bankruptcy protection, said the source familiar with the ... to go the way of the United Arab Emirates’ and keep LyondellBasell operating as a separate ...


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