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CORRECTION: NASDAQ Suspends Keyuan Petrochemicals, Inc.

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NEW YORK, Oct. 6, 2011 (GLOBE NEWSWIRE) -- The NASDAQ Stock Market(R) (Nasdaq:NDAQ) today announced that Keyuan Petrochemicals Inc. (Nasdaq:KEYP), which has been subject to a trading halt since April 1, 2011, has been suspended from the NASDAQ Stock Market effective October 7, 2011. The suspension is the result of a decision by the NASDAQ Hearings Panel to delist the company's securities.  As a result, the company's shares may be eligible to resume trading in the over-the-counter market.

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CONTACT: NASDAQ OMX Media Contact: Wayne Lee +1-301-978-4875 Wayne.D.Lee@NASDAQOMX.Com

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