LYO Lyondell Chemical

HOUSTON, July 12 /PRNewswire-FirstCall/ -- On July 12, 2007, the Board of Directors of Lyondell Chemical Company (NYSE:LYO) declared a regular quarterly dividend of $0.225 per share of common stock to stockholders of record as of the close of business on Aug. 27, 2007. The regular quarterly dividend on each share of outstanding common stock is payable in cash on Sept. 17, 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. DATASOURCE: Lyondell Chemical Company CONTACT: Media, Lisa M. Walsh, +1-713-309-4890, or investors, Douglas J. Pike, +1-713-309-7141, both of Lyondell Chemical Company Web site: http://www.lyondell.com/

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