ROTTERDAM, the Netherlands, 07, 2018 – LyondellBasell (NYSE: LYB), the world’s largest licensor of polyolefin technologies, today announced that China Petrochemical International Co., Ltd (Sinopec International) and Sinopec-SK(Wuhan) Petrochemical Company Ltd., (Wuhan) have selected the LyondellBasell Hostalen “Advanced Cascade Process” (Hostalen ACP) technology.
The low-pressure slurry process technology will be used for a 300KTA high density polyethylene (HDPE) unit to be built in Wuhan, Hubei Province, P.R. China.
“LyondellBasell is proud to expand its relationship with Sinopec with this license at Wuhan,” said Jim Seward, vice president technology business, sustainability and O&P EAI JV management at LyondellBasell. “Sinopec’s selection reconfirms the trust the customer places in our technology. This project represents the ninth Hostalen ACP line licensed in China. With this license, the total design and operating capacity of Hostalen ACP lines in China will exceed three million tons per year.”
Seward added, “With our leading low-pressure slurry process and extensive technical support, we are confident that the new plant will enable Sinopec International and Wuhan to meet their production goals delivering HDPE products with outstanding properties.”
Hostalen ACP process technology manufactures high performance, multi-modal HDPE resins with an industry-leading stiffness/toughness balance, impact resistance, high stress cracking resistance and process advantages used in film, blow moulding and pipe applications.
In addition to the Hostalen ACP process, LyondellBasell’s portfolio of licensed polyolefin processes and associated technical services includes:
- Spheripol – The leading PP process technology with more than 25 million tons of licensed capacity. with globally recognized quality grades with leading monomer consumption and investment costs to make it the technology of choice
- Spherizone – The breakthrough multi-zone circulating reactor provides a unique and innovative platform to manufacture polypropylene products with novel architecture and enhanced properties
- 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)
- 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 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, improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road, and ensuring the safe and effective functionality in electronics and appliances. LyondellBasell sells products into more than 100 countries and is the world's largest producer of polypropylene compounds and the 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. SOURCE: LyondellBasell
For more information, contact: David Rosen (+1 (713) 309.4342)