ROTTERDAM, Netherlands, 25 June 2018 – LyondellBasell (NYSE: LYB) today announced Hyosung Vietnam Corp. Ltd., has selected Spheripol polypropylene process technology for a 300 KT per year plant in Vietnam.
“The Spheripol process is the most widely used polypropylene technology in the world and is well established in Asia,” said Dan Coombs, Executive Vice President Global Manufacturing, Projects, Refining, and Technology “Customers appreciate the Spheripol process’s high track record of plant operability, leading operating cost and excellent product properties”
Mr. Kyong Yong Cha, Vice President at Hyosung Corp. stated “We have selected Spheripol technology for our Vietnamese PP project to enhance and diversify our current polypropylene product portfolio.”
Spheripol is the leading polypropylene process technology with more than 24 million tons of licensed capacity. The latest 5th generation Spheripol includes process improvements that further maximize operational efficiency.
LyondellBasell is a leading licensor of polypropylene and polyethylene technologies with more than 250 polyolefin process licenses.
In addition to the Spheripol process, LyondellBasell’s portfolio of licensed polyolefin technologies and associated technical services includes:
Spherizone – The breakthrough multi-zone circulating reactor provides a unique and innovative platform to manufacture added-value polypropylene with novel architecture and enhanced properties
Hostalen – leading low-pressure slurry process for the production of multi-modal high density polyethylene (HDPE)
Lupotech –The market leader on high-pressure technology offers, with its high conversion rates and effective heat recovery system,
Spherilene – flexible, gas-phase process technology for the production of linear low density polyethylene (LLDPE), medium density polyethylene (MDPE) and high density polyethylene (HDPE)
Metocene PP – Innovative add-on technology for the production of specialty polypropylene products using single-site catalyst systems
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LyondellBasell (NYSE: LYB) is one of the largest plastics, chemicals and refining companies in the world. Driven by its 13,400 employees around the globe, LyondellBasell produces materials and products that are key to advancing solutions to modern challenges like enhancing food safety through lightweight and flexible packaging, protecting the purity of water supplies through stronger and more versatile pipes, and improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road. LyondellBasell sells products into approximately 100 countries and is the world's largest licensor of polyolefin technologies. In 2018, LyondellBasell was named to Fortune magazine’s list of the “World’s Most Admired Companies.” More information about LyondellBasell can be found at www.LyondellBasell.com.
For information, contact: David Greely (+1 (713) 309-4395)