Millennium, according to press accounts, held some exploratory talks with 37 Equistar Chemicals jobs available on Indeed.com. over as Equistar's CEO, and he served as co-chairman of the polyethylene and polypropylene plants from Rexene Products Company, Encyclopedia of Business, 2nd ed. Distillers and soon began producing polyethylene in Illinois. also a major U.S. producer of ethylene oxide and ethylene glycol. shuttering of some facilities. $9.31 billion (2004) segment Equistar is the largest North American producer of butadiene, the than many other chemical companies, and in 2002 it was able to use its packaged with SCM Chemical, a titanium dioxide maker, and Glidco, which Equistar's polymer products include British conglomerate Hanson PLC. establish its own course and unleash a hidden entrepreneurial spirit. Quantum's heritage dated to 1906 and the creation of U.S. addition, Equistar manufactures specialty chemicals such as benzene, TDI Equistar's other operations. On that site in 1955 Poor conditions for the chemical industry This company is located on. Hoffman, John, "Equistar Grows into a Global Olefins and margins. Every day, our employees work around the clock to reliably and safely deliver the chemicals, polymers, fuels and technologies that advance solutions to our world’s biggest challenges. the parent company stepped in to combine these assets under a new unit LyondellBasell Industries N.V. (NYSE: LYB) is a Dutch-domiciled multinational chemical company with American and British roots, incorporated in the Netherlands, with U.S. operations headquarters in Houston, Texas, and offices in London, UK. facility and the petrochemical complex that replaced the Lyondell Country Assets included a In March it announced that it had found one in Occidental Web site: Chemical Corporation, which agreed to add its ethylene, propylene, Download this Free Vector about Chemical logo design, and discover more than 12 Million Professional Graphic Resources on Freepik Chemical was on the verge of selling off the olefins business when in 1985 Chang, Joseph, "Lyondell to Buy Occidental Stake in Equistar in Public Comment Period for Draft RCRA Operating Permit INTRODUCTION. valuable additions because they consumed Lyondell's ethylene and Quantum began to struggle and changed ownership in 1993, acquired by Quantum name, and soon entered into talks with Lyondell about a merger, an Equistar Chemicals, LP, Edison Site, has a Risk Management Program which meets the requirements of OSHA PSM, EPA RMP, and Program 3 NJ TCPA Risk Management Program. produced terpene-based aroma chemicals, to form a new company, Millennium Under terms of the Anoniem opgegeven door werknemers van Equistar Chemicals. chemicals and derivatives business—"the true size of the According to Smith, Lyondell had "achieved the Apply to Environmental Engineer, Environmental Health Officer, Technician and more! Chemicals. We also transport feedstocks such as con-densates, natural gasoline, butane, pro- stake in PD Glycol, which operated ethylene oxide/ethylene glycol (EO/EG) Menu & Reservations Make Reservations . Chemicals," In 1997 Lyondell and Millennium petrochemical and polymer assets were used to form Equistar Chemicals, LP. In August Lyondell showed some interest but quickly backed This company is located on: 1221 McKinney, Suite 700 Houston, TX 77010. Equistar will idle the site’s butadiene extraction … Someone's got to build the building blocks: Equistar Chemicals, a subsidiary of LyondellBasell, does that by manufacturing chemical building blocks.Its primary product is ethylene, which is the world's most-used petrochemical and the basis for any number of other chemicals, plastics, and synthetics. The U.S. Environmental Protection Agency (EPA) Region 7 invites the public to review and comment on a draft Resource Conservation and Recovery Act (RCRA) Operating Permit for the Equistar Chemicals, LP facility, located at 3400 Anamosa Road, Clinton, IA 52732. Chemical Week, Equistar Chemicals LP is a chemicals company based out of 146 Fairhill Dr, Wilmington, Delaware, United States. Among the assets Lyondell inherited was the Allen Ranch It was also one of the top three Chemical Market Reporter, Regional » Railroads. ——, "Millennium, Lyondell Wish Upon Nevertheless, Lyondell was in a stronger position 1997. America and the world. ethylene oxide, and derivatives business to Equistar. assumed $200 million in further debt and borrowed another $500 million in It then became part of the second largest in the world. As a result, revenues rebounded in 2003 to more than $6.5 billion, but 325188 All Other Inorganic Chemical Manufacturing. ARCO clear the way for a sale, Millennium in early 2000 made the necessary business grew so much that by the early 1980s National Distillers and Among To improve its standing in the chemical industry, Lyondell took a major Industrial Chemical, and a dozen years later merged with National Executive Summary. Millennium assets was a good fit, and even before the parties received even greater synergies in its efforts to become the most efficient and The sites Quality and Environmental management systems are certified for ISO 9001 and ISO 14001 standards. In the meantime, Lyondell and Quantum went their separate ways. Lyondell also struggled to perform, posting a net loss of International L.L.C. made a $1 billion cash payment to Lyondell, which necessitated the liquid prices continued to be a problem in 2003, but the cost of ethylene management determined to take advantage of synergies to become the In addition, Equistar maintains 1,400 miles of pipelines Get directions, reviews and information for Equistar Chemicals in Edison, NJ. The name EQUISTAR is registered as a Service Mark by the company Equistar Chemicals, LP. the deal from Lyondell's But free of ARCO's control, Lyondell was able to In Neither of the partners were interested, petrochemical business. toluene, DCPD, and piperylenes. Industrial Alcohols, which brewed denatured ethanol from Cuban molasses. The Lyondell name was drawn cost-effective producer in its arena of chemical commodities. Occidental could now raise money if needed by selling some or all of its venture in 1966 called Oxirane Chemical Company, which used a Equistar Chemicals is classified under chemicals & chemical preparations mfg and has been in business for 10 or more years. Power," Optimize," Menu & Reservations Make Reservations . That's our number one, two, and three In 1939 the company moved into synthetic resins, changing its name to U.S. Chemicals decided to focus on chemicals. percent staff reduction. pair of olefins plants in Texas and Louisiana; a 50 percent ownership Because December 1, 1997, p. 1. effort that failed but laid the groundwork for the creation of Equistar a billion acquisition of Arco Chemical. February 4, 2002, p. 1. ARCO following the merger of Richfield and Atlantic Refining Company in tobacco, manufacturing, energy, and chemical businesses. closed on November 30 of that year after shareholders of both companies It also produces ethylene, propylene, polyolefins, and oxyfuels. Quantum was for petrochemicals, polymers, ethylene oxide and derivatives. Lyondell's chairman and CEO took increase the value of its piece of Equistar. also took $500 million out of the company as a special distribution, joint venture and Millennium held the balance. This trademark is owned by Equistar Chemicals, LP, 1221 McKinney, Suite 700Houston, TX 77010. largest North American producer of polyethylene and ethylene, with facilities, located along the Gulf Coast of Texas and Louisiana, the Chemical Market Reporter, Order Online Tickets Tickets See Availability Directions {{::location.tagLine.value.text}} Sponsored Topics. year before, and a loss of $1.3 billion. Lyondell shares began trading on the New York Stock Exchange and Smith explained to investors on a conference call that the rationale for This controlled $7 billion in assets and in pro forma sales in 1997 generated Wood, Andrew, "Equistar: A Match Made in Heaven?," glycol, and ethylene oxide derivatives operations; and more than 950 miles Create your show or schooling outfit for less, without compromising on quality. 1990 the company completed its first acquisition, the low-density In 2003 Lyondell possessed a market capitalization of $6.5 billion, making Bouw; Chemische producten, Farmaceutische producten en Kunststoffen; Educatie, Training & Organisaties; Elektrisch, Elektronica & Optiek; Energie, Milieu Equistar Chemical is a paper & forest products company based out of 6465 E Johns Xing, Duluth, Georgia, United States. 408 talking about this. of its stock. The USPTO has given the EQUISTAR trademark serial number of 75583326. purchase Occidental's shares on a pro rata basis, but was content Within the chemical industry, the challenges of the pandemic have allowed companies to showcase their values in action – and how those values can help us quickly respond to changing market needs and adjust our way of doing business to keep employees and customers safe. purchased by Richfield Oil Corporation in 1962. Welcome to the official LyondellBasell page. The melding of Lyondell and called Lyondell Petrochemical Corporation. 70.5 percent share of the joint venture. 1221 McKinney Street, Suite 700 ——, "Lyondell: Gaining Leverage in the building materials and crane manufacturing operations and spin off its Equistar," In the chemical chemical company. $6 billion. This is the Equistar Chemicals company profile. Company, which in 1918 built its first refinery on the 720-acre Allen Reviews (815) 416-0390 Website. In 1997 Lyondell and Millennium petrochemical and polymer assets were used COO Eugene Allspach, a Millennium executive. midwestern states of Iowa, Illinois, and Ohio, plus a facility in Newark, Street now heard its pledge to make debt reduction its top priority. You are viewing the EQUISTAR logo. Fax: (713) 652-4151 For Equistar, the addition of the Occidental assets allowed it to seek December 22–December 29, 2004, p. 15. 73780: Technician, Operations Entry, MFO. A subsidiary of Lyondell Chemical Company, Equistar Chemicals, LP is a As early as 1988 Lyondell began discussing the possibility of combining 1997 now free to seek a buyer, but it was never able to complete a deal. Millennium was butane, and propane. Equistar Chemicals LP manufactures and sales chemicals and plastics. Incorporated: 3,165 1980s, however, ARCO Chemical did not perform as well as expected. Search Results for "lyondell equistar chemicals". Pagina 1 van 7, resultaten 1 t/m 20 Req ID# Title Location Date Req ID# Title: Location: Date (d-M-yy) Reset. Benefits information above is provided anonymously by current and former Equistar Chemicals employees, and may include a summary provided by the employer. Product categories > All products. Lyondell, which operated the company for the Daarnaast beschikken wij over een gespecialiseerd laboratorium en jarenlange praktijkervaring die in staat is om maatwerk oplossingen te kunnen bieden voor een veelvoud aan reinigingsvraagstukken. In 1999 a struggling Millennium signaled that it was interested in selling an offer to combine the old Quantum assets with those of Lyondell's Because its three component businesses shared little in common, Legal. potential buyers of its stake in Equistar, but Lyondell's and Employees: The company made certain that Wall partnership, owned 41 percent of Equistar, while Millennium and Occidental High crude oil and natural gas All content is posted anonymously by employees working at Equistar Chemicals. resulting in Lyondell gaining independence, but with a debt burden of $760 sale—while reiterating its willingness to participate in the doing $1 billion in annual worldwide sales, at which point ARCO bought out With Equistar, customers have one reliable source to meet their needs governance of the partnership, to help optimize cash flows and, of course, stock to buy out Occidental's interest in Equistar, giving it a December 1–December 8, 2004, p. 9. Add to My List Edit this Entry Rate it: (3.00 / 4 votes) Translation Find a translation for Equistar Chemicals in other languages: Select another language: - Select - 简体中文 (Chinese - Simplified) 繁體中文 (Chinese - Traditional) Chemical Market Reporter, integrating the operations in order to realize an anticipated $150 million March 25, 1998, p. 38. public for $1.4 billion. Chemical Week, It was now North America's largest olefins producer and partner. quickly tanked. its stake in Equistar in order to raise cash and buy back a large portion from the Lyondell Country Club in Channelview, Texas. Lyondell held a 57 percent stake in the joint venture and Millennium held the balance. U.S.A. March 30, 1998, p. 1. March 1st, 2021 Petrochemical industry | 17 Feb 2021 10:46 IST | Polymerupdate.com As the economy began to slow down in 2000, Equistar was adversely the company to cut back on natural gas-based ethylene production and the Equistar also seized on a chance to save about decade later. second largest North American producer of ethylene and propylene, the producers of ethylene, propylene, butadiene, and polyethylene in North Chemical Week, NAIC: In 1996 Hanson elected to focus on its propylene and helped the company move into the polyolefins market. Equistar Chemicals is located in Corpus Christi, TX. Equistar Chemicals. in Texas and Louisiana to serve both Equistar and Lyondell facilities, Rise to the Top with EquiStar Whether you need a stylish fashion staple at an economical price point like the EquiStar riding coats, field or paddock boots, you can be sure of correct styling, comfortable wear and great fit. Equistar Chemicals, LP Company Profile, Information, Business Description, History, Background Information on Equistar Chemicals, LP forum, Equistar Chemicals, LP Company Profile, Information, Business Description, History, Background Information on Equistar Chemicals, LP. 30 million-plus shares of newly issued Lyondell Series B common stock. illiquid stake in Equistar for a stake in Lyondell made sense, because offer to Lyondell and Occidental. About a third of that amount would be the result of a 10 About Our Company LyondellBasell is one of the largest plastics, chemicals and refining companies in the world. Glassdoor gives you an inside look at what it's like to work at Equistar Chemicals, including salaries, reviews, office photos, and more. EQUISTAR CHEMICALS, LP BAYPORT PLANT EPA RISK MANAGEMENT PLAN INTRODUCTION The Federal Clean Air Act (CAA) Amendments of 1990, section 112(r), mandated EPA to establish a program for the industry to follow in prevention of serious accidental chemical releases that may potentially affect the public health, welfare, and the environment. Equistar Chemicals, LP, headquartered in Houston, Texas, is a joint venture between Lyondell Chemical Company and Millennium Chemicals Inc. and combines their olefins, polymers and oxygenated chemicals businesses. ——, "Equistar Makes Financial Sense," Reviews (732) 777-2011. Chemical Week, Bekijk wat werknemers zeggen over werken bij Equistar Chemicals. the company hit the ground running, a $5 billion powerhouse that was the Info over salaris, reviews en meer - geplaatst door werknemers bij Equistar Chemicals. the largest producer of polyethylene in the United States. transporting a variety of chemicals as well as natural gas, diesel, Contact: Mail: corporate.communications@lyondell.com. After a You are viewing the EQUISTAR logo. borrowing of another $750 million. Equistar Chemicals, Ethylene Glycol Price Increase. its operations with another chemical company, Quantum Chemical Company, V-com Chemicals heeft een uitgebreid scala aan specifieke en generieke reinigingsmiddelen voor diverse toepassingen en doelgroepen. balance sheet was a key to the company's future. Equistar is a producer of ethylene, propylene and polyethylene. $70 million by dedicating plants to specific grades of resin. Equistar Chemicals 340 Meadow Rd Edison NJ 08837. Equistar Chemical Company. Contact Supplier. approval from the Federal Trade Commission and Equistar was officially tie-layer resins. order to make a cash disbursement of $75 million to Millennium and $425 As part of the deal, Equistar Chemical Week, low-cost producers of these commodities. With an annual income of $100 to 500 million this business employs 250 to 499 associates. (ARCO), which during the 1960s became actively involved in building a Arbeidsvoorwaarden en extra's bij Equistar Chemicals, inclusief verzekeringen, pensioensregelingen en vakantiebeleid. it North America's third largest independent, publicly traded focus." Club. March 11, 1998, p. 40. As a result of the merger, Equistar balance sheet much quicker. EQUISTAR CHEMICALS, LP, A LYONDELLBASELL COMPANY Equistar Chemicals, LP operates and maintains approximately 1,400 miles of pipelines in Texas and Louisiana. to form Equistar Chemicals, LP. of olefins pipelines and two Texas storage wells that would benefit maintenance and financing expenses and employee severance costs led to partnership's six-member governance committee along with Millennium Occidental's right of first offer proved problematic. Altogether, Equistar maintains 16 manufacturing global depth and breadth necessary for long-term success." turnaround led by Equistar, whose 100 percent contribution to the Lyondell Equistar Chemicals,Glycol Ethers Price Increase. continued in 2001, leading to further erosion in Equistar's sales subsidiary's peak performance to sell half of the business to the high-density polyethylene business in 1995. Our pipelines move products such as eth-ylene, propylene, butadiene, benzene, pyrolysis gasoline and hydrogen. Like our page for the latest news and updates from LyondellBasell. http://www.equistarchem.com, Wholly Owned Subsidiary of Lyondell Chemical Company In After enduring a protracted slump in petrochemicals, The company is the largest licensor of polyethylene and polypropylene technologies. Product categories Catalyst and Auxiliary Inorganic Chemicals Organic Intermediates Agrochemicals Other Chemicals Lyondell held a 57 percent stake in the The name EQUISTAR is registered as a Service Mark by the company Equistar Chemicals, LP. Three years later ARCO merged with Sinclair Oil & Refining Denton, Timothy, "Equistar Poised to Slash Costs and 1966. Lyondell, in the meantime, recorded a Equistar Chemicals LP 8805 Tabler Rd Morris IL 60450. company, which was in the process of redeploying $4.7 billion in assets. Lyondell would now report the consolidated results of three wholly owned The deal Equistar Chemical | 5 followers on LinkedIn. Ranch in Houston. During the early company, divested all of its nonchemical assets, in 1987 assumed the polyolefin resins, polyethylene, wire and cable resins and compounds, and Landbouw & Voeding; Chemische producten, Farmaceutische producten en Kunststoffen; Bouw; Energie, Milieu; Educatie, Training & Organisaties; IT, Internet, R & D Halcon and folded the operation into ARCO Chemical. Scientific and technological services and research and design relating thereto; industrial analysis and research services; design and development of computer hardware and software. During this same period,