-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OSpkF1UrMIAsBxlXh+JaDIrIuWsGJ+p8p5tfO0NHFXoHTV2F2+CXhyKEqaSH3QfW UIdUGfhcdBOeihxDoZiABg== 0000842635-07-000120.txt : 20071120 0000842635-07-000120.hdr.sgml : 20071120 20071120103809 ACCESSION NUMBER: 0000842635-07-000120 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20071120 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20071120 DATE AS OF CHANGE: 20071120 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LYONDELL CHEMICAL CO CENTRAL INDEX KEY: 0000842635 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] IRS NUMBER: 954160558 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10145 FILM NUMBER: 071258611 BUSINESS ADDRESS: STREET 1: 1221 MCKINNEY ST STREET 2: SUITE 700 CITY: HOUSTON STATE: TX ZIP: 77010 BUSINESS PHONE: 713-652-7200 MAIL ADDRESS: STREET 1: 1221 MCKINNEY ST STREET 2: SUITE 700 CITY: HOUSTON STATE: TX ZIP: 77010 FORMER COMPANY: FORMER CONFORMED NAME: LYONDELL PETROCHEMICAL CO DATE OF NAME CHANGE: 19920703 8-K 1 lyo8k-112007sv.htm FORM 8-K lyo8k-112007sv.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934


Date of Report (date of earliest event reported): November 20, 2007


LYONDELL CHEMICAL COMPANY
(Exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction of incorporation)

1-10145
(Commission File Number)
95-4160558
(I.R.S. Employer Identification No.)
   
1221 McKinney Street, Suite 700, Houston, Texas
(Address of principal executive offices)
77010
(Zip Code)

(713) 652-7200
(Registrant’s telephone number, including area code)

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o                 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o                 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o                 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o                 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




Item 8.01 Other Events

Lyondell Chemical Company (“Lyondell”) held a special meeting of its shareholders on November 20, 2007.  At the special shareholder meeting, each of the following proposals was approved by Lyondell’s shareholders:
 
1.
approve and adopt the Agreement and Plan of Merger, dated as of July 16, 2007, among Basell AF, BIL Acquisition Holdings Limited and Lyondell, as such agreement may be amended from time to time.
 
2.
adjourn the special meeting, if necessary, to solicit additional proxies if there are insufficient votes at the time of the special meeting to approve and adopt the merger agreement.
 
The votes, as tabulated by the independent inspector of elections, were as follows:

1.  Approval and Adoption of Merger Agreement:
   
For:
 
 166,895,281
   
   
Against:
 
 747,927
   
   
Abstain:
 
 365,305
   
   
Broker Non-Votes:
 
 0
   
 
2.  Adjournment Proposal:
   
For:
 
 156,544,739
   
   
Against:
 
 11,049,706
   
   
Abstain:
 
 414,068
   
   
Broker Non-Votes:
 
 0
   

The press release regarding this matter is being filed with this Current Report on Form 8-K as Exhibit 99.1.


Item 9.01                      Financial Statements and Exhibits
 
(d)           Exhibits.
 
 
99.1
Press Release
 



SIGNATURE


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

LYONDELL CHEMICAL COMPANY



By:/s/ Kerry A. Galvin
Name:     Kerry A. Galvin
Title:       Senior Vice President and
General Counsel



Date:  November 20, 2007



INDEX TO EXHIBITS

Exhibit
Number                                Description

99.1
Press Release

EX-99.1 2 lyo8k-112007svexhibit991.htm PRESS RELEASE lyo8k-112007svexhibit991.htm
 
Exhibit 99.1
 
 
 
NEWS RELEASE
 
 
 
For information, contact:
Media – David A. Harpole (713) 309-4125
Investors – Douglas J. Pike (713) 309-7141

Lyondell Announces Result of Shareholder Vote
on its Acquisition by Basell

     HOUSTON, Nov. 20, 2007Lyondell Chemical Company (NYSE: LYO) announced that, at a Special Meeting of Shareholders held today (the "Meeting"), shareholders approved the Agreement and Plan of Merger, dated as of July 16, 2007, among Basell AF, BIL Acquisition Holdings Limited (“Basell”) and Lyondell pursuant to which Basell will acquire all of Lyondell's outstanding common shares for cash consideration of $48 per share.

In the final vote count by the independent inspectors of election, 168,008,513 Lyondell common shares (approximately 66.2 percent of the outstanding common shares) were represented at the Meeting, in person or by proxy, and the Agreement and Plan of Merger was approved by 65.8 percent of the shares outstanding.

The closing of the transaction is anticipated to occur on or about Dec. 20, 2007.


 
# # #
 
 
Lyondell Chemical Company, headquartered in Houston, Texas, is North America's third-largest independent, publicly traded chemical company. Lyondell is a leading global manufacturer of chemicals and plastics, a refiner of heavy, high-sulfur crude oil and a significant producer of fuel products. Key products include ethylene, polyethylene, styrene, propylene, propylene oxide, gasoline, ultra low-sulfur diesel, MTBE and ETBE.
 

SOURCE: Lyondell Chemical Company
 
 
 
Lyondell Chemical Company
 
www.lyondell.com


GRAPHIC 3 lyondelllogo.jpg GRAPHIC begin 644 lyondelllogo.jpg M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``8$!08%!`8&!08'!P8("A`*"@D) M"A0.#PP0%Q08&!<4%A8:'24?&ALC'!86("P@(R8G*2HI&1\M,"TH,"4H*2C_ MVP!#`0<'!PH("A,*"A,H&A8:*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H M*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"C_P``1"``H`*\#`2(``A$!`Q$!_\0` M'````P`#`0$!``````````````<(`04&!`D#_\0`01```0(%`@,&``H&"P`` M`````0(#``0%!A$'$B$QD0@3%$%18146(B,R0E)Q8]N<-2LUVU;[M9M34DS6Z?,)R'9D=TVS][AXI4/LY!A%;,W&`]R M(G-N@QHQUCE--9!-,M=F2;FIV;8:<(:%-UT>H< MA79ABEIJ+#(82$[0@J3E/+WCQEE9U)*MXL6'CR5IG[X.L)/M)OWM0*6Q.,UNY$XX?)B) M,I_K&0">0,1_IAJ+>]154;DN:YIU-KT0!Z92D)!F7%9V2Z>'UCS](T55U?U* MONNO-VN[.RS7$HDZ:WG:C/`J.#Q]X`MT^^8QUB*[7UMOZR;A3*WBJ;GI;(#T MM/M[7$I]4'`AB=HS4ZK4VCVE5+(K+TI)U-E;Q4V!\L<,`Y!XC.(`I'K&.L)' MLX:MF]I(T6X'PJXI8%27#P\2WZ_B'G"ZKFI=X2_:!709>O3(I(K#->K&K= ME3C+URB:6PLX#=0E\(7[`@#C`%J=8QUZ1/\`?.KLQ6="#=-IS3E-J;:1GFD\,&$_;]^ZSW#*.3-#GJO/L-KV*6RRE0"L9QR]X`N#K!UB89>Z M]2:5HI=-4N6;J,E5V9IE,H],-!"P@XW;1B.Q[+5WUZ[[:;0T MMP`%*2DY'`0`[NL8'YP@.U5>MQ6?\7?BW57I`3(>+H;`._&,9R/>&7HO59ZN M:6V[4ZM,KFI^984IUY>,J(61QQ["`/GE,_O#WXHN6R9"9G;?I3(^Y!Q$2W!2I^CU68DZK)O280CD/O)$:H`)6]M3A0R9@)=.X>[[_TA^%.1%O'J:)YM MY,[-R59?A2.G[W^W&SMK)24TYP*'RR\2K<[WBO\`<0=H/LG@(CK589[2KX'^ M;2__`&3%B61PH^4@!LNDH*60V@CU3CF/<\3$MZRZ97U5=6*S6:#09QZ77,)> MEYEI21D@#!&3ZB*E_<8TL3LKZ+`GI-F>E'I2;9#TL^WW;B%IR%)(P8^>NJEG MLVIJ94;?E'PY+I?3W2L?02O!"3]V;-J=OOMSF'!?%K MR-XVO.T.J@^'F$`!8'%M8'!8]P8C^HZ3:F:?UUUVV69U]O&$SE-=SM\_/&83]ZE_P#0KI]XG.0[.]V%<]O>?RCI MK9T7O^^KA3-WBF;DI8D%Z:GU[G%(SR0(87:-TSJ]0HUI4NR:*_.R5,96R4M$ M90.&"0674GBA7L?\`F/TH-?>NC6ZE M5N::0T_.U5AU:$<@=R0?Y16VG=CIF]$I&U;PIZFBXR4/,.8WMGR4".1'E$_T M;12\;4(/5[3*^ZEJQ7*Q0:!.O2[DV'I>9;4D` MX`P1D^HCR/:7:O7S.,LW*F;;90&$S($>F M_*;:<0`58QGZ7M`'=W- M+7K+=G2YDZAKFC/F>:+`F5!2@WD>8\LYC==BL9M.Y<`G^F->7\)C5,6UJ76M M&[KIMSR-2FJJ[,,JE&'E)4I201N*>,+ZW;&UEMF7?9H-*JTDR\H+6AEQ(W$< MC]*`&!VV?HVIPQPF/_,.#L^`_H7M/@?W97(?ZBH0U_6+J/=&G5IMU*D5">K< MM,37B.\4DK0A13LR<^>#&CI-MZY4BF2\A39*M2\FP-K33;J0$C.<#Y4`5A?% MC6]>\BJ6N*GMOJQM1,)2`\U[I5Y1*>J'9WK]N%Z=MHFLTH944I3A]H9Y%/U@ M/6""`'3IO3)J9L^CR\O+J*C+A+Z6OF@2/\9SZV/L8_.&33+8EI?NUSQ3-.-? MLFPC:PS^!'D?>""+=]SQI8GQ!G8V-6TS8T;G<_TZ"#K!!%0T0ZP=8((`SU@! M(X@D000`')YDF,=8((`SUC'6""``_G!U@@@#/6,=>L$$`'6#KU@@@`ZP>G/K %!!`'_]D_ ` end
-----END PRIVACY-ENHANCED MESSAGE-----