ROTTERDAM, Netherlands, July 19, 2017– LyondellBasell (NYSE: LYB) today announced that Liaoning Bora Petrochemical Co., Ltd, has selected LyondellBasell’s world leading polypropylene (PP) and polyethylene (PE) technologies for three new plants. The plants will be constructed in its new petrochemical complex in Panjin, Liaoning Province, China.
The complex will include two polypropylene units with a combined annual capacity of 600 KT which will use LyondellBasell’s Spherizone and Spheripol PP process technologies. The polypropylene plants will be complemented with a 350 KT per year high density polyethylene (HDPE) plant operating on the Hostalen ACP process technology.
“As the global leader in polyolefins technology, LyondellBasell offers differentiating processes that enable our customers in this region to remain competitive and responsive to market dynamics,” said Dan Coombs, Executive Vice President Global Manufacturing, Refining, Projects and Technology at LyondellBasell. “We are pleased that new petrochemical facilities in Asia are selecting our technologies to distinguish themselves in their respective markets.”
Mr. Zhao Jiandong, Vice President of Liaoning Bora Petrochemical Company stated, “LyondellBasell has a strong reputation in polymer process technologies. Employing these in our new petrochemical complex enables us to produce high quality products reliably and economically.”
In addition to the three selected technologies, LyondellBasell’s portfolio of licensed polyolefin processes and associated technical services includes:
Lupotech – The market leader on high-pressure technology offers, with its high conversion rates and effective heat recovery system, the lowest operating and investment costs for the production of Low density Polyethylene (LDPE) and ethylene vinyl acetate (EVA) copolymers
Metocene PP – Innovative add-on technology for the production of specialty polypropylene products using single-site catalyst systems
Spherilene – flexible, gas-phase process technology for the production of LLDPE, MDPE and HDPE
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LyondellBasell (NYSE: LYB) is one of the largest plastics, chemicals and refining companies in the world. Driven by its 13,000 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 and polypropylene technologies. More information about LyondellBasell can be found at www.lyondellbasell.com.SOURCE: LyondellBasell
For information, contact: Andreas Anker (+49 2236 72 1595)