For the past 20 years the world has witnessed the rapid pace of economic development in China.
It has been wide-ranging, sweeping through all sectors of business. As a result, 'Made in China' is a familiar label on many of the products we buy today. As a global leader in the manufacture of the building blocks, it's no surprise that LyondellBasell sees China as a key strategic market.
With more than 40 years experience in the Asian markets, LyondellBasell has built considerable knowledge of the region. With operations that are wholly-owned or managed together with joint venture partners, the company's plants, sales offices and joint ventures offer a wide range of products to the markets.
In Chemicals, for example, the combination of LyondellBasell's industry-leading propylene oxide technology with raw materials provided by Sinopec Zhenhai Refining & Chemical Company has created one of the world's largest, low-cost propylene oxide/styrene monomer (POSM) ventures in Ningbo City, near Shanghai.
The majority of the LyondellBasell operations in China are in the Polymers division. Here, the company's presence is supported by an experienced and dedicated work force in Hong Kong, Shanghai, Guangzhou and Beijing offices, and two polypropylene compounding plants in Suzhou and Nansha.