Hong Kong, April 29, 2009: -- LyondellBasell Industries announced today it was named among the top 10 suppliers in 2008 by Ashland China in recognition of the Asia Chemicals team’s outstanding achievements in product quality and supply consistency in the past few years.
LyondellBasell is a leading manufacturer of chemicals and derivatives, including ethylene, styrene, propylene, propylene oxide and propylene glycol. Propylene Glycol Industrial Grade (PGI) is used to produce unsaturated polyester resins for various Fiber Reinforced Plastics (FRP) and Non-FRP products which are widely used in infrastructure projects, housing and other industrial components.
Ashland China, a subsidiary of Ashland, Inc., which is a world leading specialty chemical company, established its Changzhou, China plant to produce Unsaturated Polyester Resin (UPR). LyondellBasell supplies Ashland China with PGI and DPGI for polyester reaction in UPR manufacturing.
“The Top 10 Suppliers Award acknowledges our team’s efforts and commitment in supply chain management and customer service,” said John Hon, Asia PO/PG business manager of LyondellBasell. “The award opens the door to opportunities for LyondellBasell to play a more significant role in supplying to Ashland’s total Asia PG business.
“Ashland continues to establish itself as the leading UPR producer in the Asian region by expanding into other Asian markets. LyondellBasell looks forward to our ongoing relationship with Ashland as its supplier of choice.”
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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.
For information, contact:
Media – Kathy Chan, +852 2585 0103
or kathy.chan@lyondellbasell.com