ROTTERDAM, Netherlands, November 10, 2008 – Borealis AG has selected LyondellBasell’s Lupotech T technology for a new 350 KT per year low density polyethylene (LDPE) plant; start-up is expected in 2013.
“This investment is an important step in our growth strategy and our selection of LyondellBasell’s LDPE technology supports this position” said Alfred Stern, Vice President Innovation & Technology at Borealis, during the signing ceremony. “
Lupotech T provides best-in-class operating performance and combined with Borealis’ own, film and wire & cable technology, we can build on our leadership in value creation in Asia and the Middle East.”
Just Jansz, President of LyondellBasell’s Technology Business, commented: “This is our second polyethylene process technology licensed to Borealis in the last three years, which builds upon a solid relationship that will continue well into the future”. Jansz further added: “Lupotech T, now with a total of eight million tonnes per year of licensed capacity, is the clear market leader in high pressure tubular LDPE technology.”
Key features of Lupotech T technology include low manufacturing and investment costs, fast start-up and grade changes, and a broad product portfolio, which make it today’s technology of choice for the world-scale production of LDPE and EVA copolymers.
In addition to the Lupotech T process, LyondellBasell’s portfolio of licensed polyolefin technologies and associated technical services is comprised of:
• Lupotech A – high pressure autoclave process for the production of specialty LDPE and EVA copolymers
• Spherilene – advanced swing-gas-phase process for the production of LLDPE, MDPE and monomodal and bimodal HDPE
• Hostalen – leading low-pressure slurry process for the production of high-end multimodal HDPE
• Spheripol – leading polypropylene technology for the production of homopolymer, random and heterophasic copolymers
• Spherizone – latest-generation polypropylene technology, based on a multi-zone reactor for the production of polypropylene and novel polyolefins
• Metocene PP - innovative add-on technology for the production of specialty polypropylene products using single-site catalyst systems
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LyondellBasell Industries is one of the world’s largest polymers, petrochemicals and fuels companies. We are the global leader in polyolefins technology, production and marketing; a pioneer in propylene oxide and derivatives; and a significant producer of fuels and refined products, including biofuels. Through research and development, LyondellBasell develops innovative materials and technologies that deliver exceptional customer value and products that improve quality of life for people around the world. Headquartered in The Netherlands, LyondellBasell (www.lyondellbasell.com) is privately owned by Access Industries.
Borealis and Borouge are leading providers of innovative, value creating plastics solutions. With more than 40 years of experience in polyolefins and using our unique Borstar® technology, we focus on the infrastructure, automotive and advanced packaging markets across Europe, the Middle East and Asia. Our production facilities, innovation centres and service centres work with customers in more than 170 countries to provide the materials that make an essential contribution to society and sustainable development. We are committed to the principles of Responsible Care® and to leading the way in 'Shaping the Future with Plastics'™.
Your contact:
LyondellBasell Industries
Media - Waldemar Oldenburger, +49 69 305 854 59 or
waldemar.oldenburger@lyondellbasell.com
Borealis
Media – Kerstin Meckler, +43 122 400 389 or
kerstin.meckler@borealisgroup.com