Edgar Filing: ACCESS INDUSTRIES INC

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:

3235-0104

Expires:

January 31, 2005

Estimated average burden hours per response...

0.5

(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â AI INTERNATIONAL CHEMICALS S.A.R.L.

2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2011

3. Issuer Name and Ticker or Trading Symbol
LyondellBasell Industries N.V. [LYB]

(Last)

(First)

(Middle)

15-17 AVE. GASTON DIDERICH

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

LUXEMBOURG,Â N4Â L-1420

6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Ordinary Shares	55,936,658	D ⁽¹⁾	Â
Class A Ordinary Shares	334,010	D ⁽²⁾	Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Forward sale contract (right to purchase)	01/01/2011	01/31/2011	Class A Ordinary Shares	34,172,698	$ 28	D ⁽¹⁾	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
AI INTERNATIONAL CHEMICALS S.A.R.L. 15-17 AVE. GASTON DIDERICH LUXEMBOURG,Â N4Â L-1420	Â	Â X	Â	Â
AI CHEMICAL HOLDINGS LLC 730 FIFTH AVENUE NEW YORK,Â NYÂ 10023	Â	Â X	Â	Â
AI SMS L.P. TRINITY CHAMBERS, ROAD TOWN TORTOLA,Â D8Â	Â	Â X	Â	Â
AI SMS GP Ltd TRINITY CHAMBERS, ROAD TOWN TORTOLA,Â D8Â	Â	Â X	Â	Â
ACCESS INDUSTRIES, LLC 730 FIFTH AVENUE NEW YORK,Â NYÂ 10023	Â	Â X	Â	Â
ACCESS INDUSTRIES MANAGEMENT, LLC 730 FIFTH AVENUE NEW YORK,Â NYÂ 10023	Â	Â X	Â	Â
Blavatnik Len 730 FIFTH AVENUE NEW YORK,Â NYÂ 10023	Â	Â X	Â	Â
ALTEP 2010 L.P. 730 FIFTH AVENUE NEW YORK,Â NYÂ 10019	Â	Â X	Â	Â
ACCESS INDUSTRIES INC 730 FIFTH AVENUE NEW YORK,Â NYÂ 10019	Â	Â X	Â	Â

Signatures

Alejandro Moreno for AI International Chemicals S.A.R.L., AI Chemical Holdings LLC, Access Industries, LLC and Access Industries Management, LLC, Altep 2010 L.P. and Access Industries, Inc. and as Attorney-in-Fact for Mr. Blavatnik		01/10/2011
^**Signature of Reporting Person		Date
Ronan J.E. Kuczaj for Belvaux Management Limited for AI SMS L.P. and AI SMS GP Limited		01/10/2011
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The securities reported are held directly by AI International Chemicals S.A.R.L. ("AIIC") and may be deemed to be held indirectly by each of the other reporting persons (other than Altep 2010 L.P. and Access Industries, Inc.), because AIIC is a wholly owned subsidiary of AI Chemical Holdings LLC, which is a wholly owned subsidiary of AI SMS L.P., a partnership of which AI SMS GP Limited is the general partner, which is a wholly owned subsidiary of Access Industries, LLC, which is a wholly owned subsidiary of Access Industries Management, LLC, which is controlled by Mr. Blavatnik. Each of the reporting persons (other than AIIC) disclaims beneficial ownership of these securities, except to the extent of its or his pecuniary interest therein, and this Form shall not be construed as an admission that any such reporting person is the beneficial owner of any of the securities reported on this Form.
(2)	The securities reported are held directly by Altep 2010 L.P. ("Altep") and may be deemed to be beneficially owned by Access Industries, Inc. and Mr. Blavatnik because Access Industries, Inc. is the general partner of Altep and Mr. Blavatnik controls Access Industries, Inc. Each of the reporting persons (other than Altep) disclaims beneficial ownership of these securities, except to the extent of its or his pecuniary interest therein, and this Form shall not be construed as an admission that any such reporting person is the beneficial owner of any of such securities.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.