The present invention relates to a polyolefin composition comprising a polyolefin base resin and an antioxidant, characterized in that said polyolefin composition has a lifetime of at least 200 h in a test measuring the resistance against ClO.sub.2-containing water at 90.degree. C., and at a concentration of ClO.sub.2 of 4 ppm wherein the equipment used is according to ASTM F2263-03. The present invention further relates to a pipe comprising the polyolefin composition according to the invention, to the use of the polyolefin composition for the production of a pipe, and to the use of a particularly selected antioxidant for increasing the resistance of a polyolefin composition against degradation caused by contact with ClO.sub.2-containing water.