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Basell
Basell Polyolefins was a joint venture between BASF and Royal Dutch Shell. Leonard Blavatnik's Access Industries acquired it from the venturers for $5.7 billion in August 2005.Plunkett's Chemicals, Coatings & Plastics Industry Almanac: Chemicals, Coatings & Plastics Industry Market Research, Statistics, Trends & Leading Comp'. N.p., PLUNKETT RES Limited, 2007. In 2007, Basell merged with the privately owned US company Lyondell Chemical Company to form LyondellBasell, which went bankrupt in the US in January 2009, and emerged from bankruptcy in April 2010. Basell was the world's largest producer of polypropylene and advanced polyolefins products, the world's largest producer of polyethylene, and a global leader in the development and licensing of polypropylene and polyethylene processes, and a leader in catalysts. Company history Basell's heritage comes from many companies, including BASF, Hercules, Himont, Hoechst, ICI, Montecatini, Montedison and Royal Dutch Shell. How ...
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LyondellBasell
LyondellBasell Industries N.V is an American multinational chemical company, incorporated in the Netherlands with U.S. operations headquartered in Houston, Texas and offices in London, UK. The company is the largest licensor of polyethylene and polypropylene technologies. It also produces ethylene, propene, propylene, polyolefins, and oxyfuels. LyondellBasell was formed in December 2007 by the acquisition of Lyondell Chemical Company by Basell Polyolefins for $12.7 billion. As of 2016, Lyondell was the List of largest chemical producers, third largest independent chemical manufacturer in the United States. History Early history Since its establishment in 1985 from facilities belonging to the Atlantic Richfield Company (ARCO), the company grew through stock swaps with Occidental Petroleum, Occidental Chemicals and Millennium Chemicals in 1997, which formed Equistar Chemicals of which each entity were partners. Lyondell purchased the outstanding shares from each of its partners ...
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Lyondell Chemical Company
LyondellBasell Industries N.V is an American multinational chemical company, incorporated in the Netherlands with U.S. operations headquartered in Houston, Texas and offices in London, UK. The company is the largest licensor of polyethylene and polypropylene technologies. It also produces ethylene, propylene, polyolefins, and oxyfuels. LyondellBasell was formed in December 2007 by the acquisition of Lyondell Chemical Company by Basell Polyolefins for $12.7 billion. As of 2016, Lyondell was the third largest independent chemical manufacturer in the United States. History Early history Since its establishment in 1985 from facilities belonging to the Atlantic Richfield Company (ARCO), the company grew through stock swaps with Occidental Chemicals and Millennium Chemicals in 1997, which formed Equistar Chemicals of which each entity were partners. Lyondell purchased the outstanding shares from each of its partners to gain total control of Equistar which is a wholly owned subs ...
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Access Industries
Access Industries, Inc. is a United States–based privately held multinational investment company which was founded in 1986 by businessman Leonard "Len" Blavatnik. Access Industries' focus is in seven sectors: biotechnology, entertainment, external funds, global media, strategic equity, technology ventures, and real estate. The group invests in the United States, Europe, Israel, and Latin America. It is headquartered in New York, with offices in London and Mill Valley, California. Access Industries has stakes in companies including Warner Music Group, LyondellBasell, DAZN, Calpine Corporation, A24, Deezer, and Spotter. History Len Blavatnik founded Access Industries in 1986 as an investment company. He attended Harvard Business School while running the company on the side, graduating with an MBA in 1989. Among its early investments, Access Industries helped form the large aluminum producer SUAL in 1996, which later became part of UC RUSAL. In 1997, Access acquired a 40% ...
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Leonard Blavatnik
Sir Leonard Valentinovich Blavatnik ( Ukrainian: Леонард Валентинович Блаватник; born June 14, 1957) is a Soviet/Ukrainian-born British-American businessman and philanthropist. As of April 2025, ''Forbes'' estimated his net worth at $26.5 billion, ranking him the 75th-richest person in the world. In 2017, Blavatnik received a knighthood for services to philanthropy. Blavatnik made his initial fortune, alongside other Russian oligarchs, in the privatization of state-owned aluminum and oil assets after the collapse of the Soviet Union. He owns most of Warner Music Group and has stakes in several publicly traded assets via his privately held Access Industries. Early life and education Blavatnik was born in Odesa in 1957, then in the Ukrainian SSR and part of the Soviet Union, to a Jewish family.
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities.' Most joint ventures are incorporated, although some, as in the oil and gas industry, are "unincorporated" joint ventures that mimic a corporate entity. With individuals, when two or more persons come together to form a temporary partnership for the purpose of carrying out a particular project, such partnership can also be called a joint venture where the parties are "''co-venturers''". A joint venture can take the form of a business. It can also take the form of a project or asset JV, created for the purpose of pursuing one specific project, ...
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Hoechst AG
Hoechst AG () was a German chemicals, later life sciences, company that became Aventis Deutschland after its merger with France's Rhône-Poulenc S.A. in 1999. With the new company's 2004 merger with Sanofi-Synthélabo, it became a subsidiary of the resulting Sanofi-Aventis pharmaceuticals group. History The company was founded in 1863 as "Teerfarbenfabrik Meister, Lucius & Co." in Höchst, near Frankfurt and changed its name some years later to "Teerfarbenfabrik Meister Lucius & Brüning". In 1880, it became a stock company "Farbwerke vorm. Meister Lucius & Brüning AG". For the international market the name was simplified to "Farbwerke Hoechst AG". Until 1925, the Hoechst AG was independent. In 1916, the Hoechst AG was one of the co-founders of IG Farben, an advocacy group of Germany's chemicals industry to gain industrial power during and after World War I. In 1925, IG Farben turned from an advocacy group into the well-known conglomerate. World War II Various Hoechs ...
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Former Joint Ventures
A former is an object, such as a template, gauge or cutting die, which is used to form something such as a boat's hull. Typically, a former gives shape to a structure that may have complex curvature. A former may become an integral part of the finished structure, as in an aircraft fuselage, or it may be removable, being used in the construction process and then discarded or re-used. Aircraft formers Formers are used in the construction of aircraft fuselage, of which a typical fuselage has a series from the nose cone to the empennage, typically perpendicular to the longitudinal axis of the aircraft. The primary purpose of formers is to establish the shape of the fuselage and reduce the column length of stringers to prevent instability. Formers are typically attached to longerons, which support the skin of the aircraft. The "former-and-longeron" technique (also called stations and stringers) was adopted from boat construction, and was typical of light aircraft buil ...
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Chemical Companies Of The Netherlands
A chemical substance is a unique form of matter with constant chemical composition and characteristic properties. Chemical substances may take the form of a single element or chemical compounds. If two or more chemical substances can be combined without reacting, they may form a chemical mixture. If a mixture is separated to isolate one chemical substance to a desired degree, the resulting substance is said to be chemically pure. Chemical substances can exist in several different physical states or phases (e.g. solids, liquids, gases, or plasma) without changing their chemical composition. Substances transition between these phases of matter in response to changes in temperature or pressure. Some chemical substances can be combined or converted into new substances by means of chemical reactions. Chemicals that do not possess this ability are said to be inert. Pure water is an example of a chemical substance, with a constant composition of two hydrogen atoms bonded to a s ...
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Giulio Natta
Giulio Natta (; 26 February 1903 – 2 May 1979) was an Italian chemical engineer and Nobel laureate. He won a Nobel Prize in Chemistry in 1963 with Karl Ziegler for work on high density polymers. He also received a Lomonosov Gold Medal in 1969. Biography Early years Natta was born in Imperia, Italy. He earned his degree in chemical engineering from the Politecnico di Milano university in Milan in 1924. In 1927 he passed the exams for becoming a professor there. From 1929 to 1933, he was also in charge of physical chemistry at the Faculty of Sciences of the University of Milan. In 1933 he became a full professor and the director of the Institute of General Chemistry of Pavia University, where he stayed until 1935. During this time he began using crystallography to elucidate the structures of a wide variety of molecules including phosphine, arsine and others. In that year he was appointed full professor in physical chemistry at the University of Rome. Career From 1936 to 1 ...
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Karl Ziegler
Karl Waldemar Ziegler (; 26 November 1898 – 12 August 1973) was a German chemist who won the Nobel Prize in Chemistry in 1963, with Giulio Natta, for work on polymers. The Nobel Committee recognized his "excellent work on organometallic compounds hich..led to new polymerization reactions and ... paved the way for new and highly useful industrial processes". He is also known for his work involving free-radicals, many-membered rings, and organometallic compounds, as well as the development of Ziegler–Natta catalyst. One of many awards Ziegler received was the Werner von Siemens Ring in 1960 jointly with Otto Bayer and Walter Reppe, for expanding the scientific knowledge of and the technical development of new synthetic materials. Biography Early life and education Karl Ziegler was born on 26 November 1898 in Helsa near Kassel, Germany and was the second son of Karl Ziegler, a Lutheran minister, and Luise Rall Ziegler. He attended Kassel-Bettenhausen in elementary scho ...
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Montedison
Edison S.p.A. is an Italian electric utility company headquartered in Milan. The company was established in 1884 and acquired by Electricité de France in 2012. Edison employs more than 5,000 people in Europe, North Africa, and the Middle East. The chairman of the board is Luc Rémont (CEO of EDF) and the chief executive officer is Nicola Monti. History Early history (1884-1966) Founded in 1884 by Giuseppe Colombo in Milan, Italy, as "Società generale italiana di elettricità sistema Edison", it served the purpose of introducing and applying Thomas Edison's inventions to Italy. Indeed, Colombo, an engineering professor, was a great admirer of Edison, whom he had met in the United States in 1881, securing an exclusive licence for some of his patents for Italy and hiring some of his collaborators. Edison operated the Santa Radegonda power plant, Europe's first power plant. In the following decades, Edison continued growing, especially in hydroelectric power, and came to cont ...
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Montecatini (company)
Montecatini was an important Italian chemicals company founded in 1888. It was called the ''quasi-monopolist of the Italian chemical industry'' in the time between World War I and the end of World War II. Problems led to a merger with the Edison company in 1966 forming the Montedison company. History The company was founded as a small mining business in Montecatini Val di Cecina operating a copper pyrite mine in 1888. The production increased and a shift from copper ore production to pyrite production as a starting material for sulfuric acid production when Guido Donegani was made director in 1910. Large amounts of sulfuric acid are used for the production of superphosphate fertilizers and therefore Montecatini expanded into this business. By 1920 the company had acquired the two largest phosphate fertilizer producers Unione Concimi and Colla e Concimi. The company became dominant in chemical industry of Italy during the time of Fascist Italy. Montecatini collaborated with RI ...
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