On May 15, 2012, Lyondell Chemical Company ("LCC"), a wholly owned subsidiary of LyondellBasell Industries N.V. (the "Company"), delivered to Wilmington Trust FSB, as trustee under the Indenture dated as of April 8, 2010, as supplemented to date, notice of LCC's intention to redeem all of its outstanding 8% Senior Secured Notes due 2017 (the "8% Notes"). Currently, $10,454,000 aggregate principal amount of dollar-denominated 8% Notes is outstanding and €1,384,290 aggregate principal amount of euro-denominated 8% Notes is outstanding.

Also on May 15, 2012, LCC delivered to Wells Fargo Bank, National Association, as trustee under the Indenture dated as of April 30, 2010, as supplemented to date, notice of LCC's intention to redeem all of its outstanding 11% Senior Secured Notes due 2017 (the 11% Notes"). Currently, $57,858,737 aggregate principal amount of 11% Notes is outstanding.

The redemption price for the 8% Notes and 11% Notes will be 100% of the aggregate principal amount redeemed plus the applicable premium as provided for in the respective indentures. The redemption date for both the 8% Notes and 11% Notes is June 15, 2012.

After these redemptions, there will be no outstanding 8% Notes or 11% Notes. On the redemption date, all guarantees of the Company's outstanding 6% Senior Notes due 2021, 5% Senior Notes due 2019 and 5.75% Senior Notes due 2024 will be automatically released.

Copies of the notices are attached as Exhibits 99.1 and 99.2.

(d) Exhibits

99.1    Notice by Lyondell Chemical Company to Wilmington Trust FSB dated May 15,
        2012, announcing its intent to redeem 8% Senior Secured Notes due 2017.

99.2    Notice by Lyondell Chemical Company to Wells Fargo Bank, National
        Association dated May 15, 2012, announcing its intent to redeem 11% Senior
        Secured Notes due 2018.