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LyondellBasell: Price increase for PE and PP in Europe

On 30 December 2009, LyondellBasell (Rotterdam / The Netherlands; www.lyondellbasell.com) announced that it would raise prices of its polyolefin products in Europe effective 1 January 2010. The hike of EUR 100/t applies to all the group's PE and PP products.

Anton de Vries, LyondellBasell president of Europe, Asia and International, said that "rising feedstock costs have necessitated this price increase.”

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