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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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AMENDMENT NO. 1
TO
SCHEDULE 14D-1
TENDER OFFER STATEMENT
PURSUANT TO SECTION 14(D)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
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ARCO CHEMICAL COMPANY
(NAME OF SUBJECT COMPANY)
LYONDELL ACQUISITION CORPORATION
LYONDELL PETROCHEMICAL COMPANY
(BIDDERS)
COMMON STOCK, PAR VALUE $1.00 PER SHARE
001920-10-7
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(CUSIP NUMBER OF CLASS OF SECURITIES)
KERRY A. GALVIN, ESQ.
LYONDELL ACQUISITION CORPORATION
C/O LYONDELL PETROCHEMICAL COMPANY
1221 MCKINNEY, SUITE 1600
HOUSTON, TEXAS 77010
(713) 652-7300
(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSONS AUTHORIZED TO RECEIVE NOTICES
AND COMMUNICATIONS ON BEHALF OF BIDDERS)
COPY TO:
STEPHEN A. MASSAD
BAKER & BOTTS, L.L.P.
ONE SHELL PLAZA
910 LOUISIANA
HOUSTON, TEXAS 77002-4995
(713) 229-1234
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Lyondell Petrochemical Company, a Delaware corporation ("Lyondell"), and
Lyondell Acquisition Corporation (the "Purchaser"), hereby amend and
supplement their Tender Offer Statement on Schedule 14D-1, filed with the
Securities and Exchange Commission on June 24, 1998, with respect to the
Purchaser's offer (the "Offer") to purchase all of the outstanding shares of
common stock, par value $1.00 per share (the "Shares"), of ARCO Chemical
Company, a Delaware corporation, at $57.75 per Share, net to the seller in
cash.
ITEM 10. ADDITIONAL INFORMATION.
(B) AND (C) On June 25, 1998, Lyondell filed a Notification and Report Form
with respect to the Offer pursuant to the Hart-Scott-Rodino Antitrust
Improvements Act of 1976 (the "HSR Act"). Accordingly, the waiting period
under the HSR Act with respect to the Offer will expire at 11:59 p.m., New
York City time, on July 10, 1998. However, the Antitrust Division of the
Department of Justice or the Federal Trade Commission may extend the waiting
period by requesting additional information or documentary material from
Lyondell. If such a request is made, such waiting period will expire at 11:59
p.m., New York City time, on the 10th day after substantial compliance by
Lyondell with such request. See Section 15 of the Offer to Purchase filed as
Exhibit (a)(1) to the Schedule 14D-1 as originally filed, for additional
information concerning the HSR Act and the applicability of United States
antitrust laws to the Offer.
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SIGNATURE
After due inquiry and to the best of my knowledge and belief, I certify that
the information set forth in this statement is true, complete and correct.
Dated: June 26, 1998
Lyondell Acquisition Corporation
By: /s/ Kerry A. Galvin
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Name: Kerry A. Galvin
Title: Vice President
Lyondell Petrochemical Company
By: /s/ Kerry A. Galvin
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Name: Kerry A. Galvin
Title: Chief Corporate Counsel and Corporate Secretary
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