ROTTERDAM, Netherlands, October 17, 2018 – Lyondellbasell (NYSE:LYB) today announced Wanhua Chemical Group Co., Ltd (Wanhua), has selected LyondellBasell’s world leading polypropylene (PP) and high density polyethylene (HDPE) technologies for two new plants.
The plants will be constructed in Yantai City, Shandong Province. The complex will include a 300 KTA polypropylene plant that will utilize LyondellBasell’s fifth generation Spheripol PP process technology and a 350 KTA high density polyethylene plant which will utilize Hostalen ACP process technology.
“Our talented employees develop technologies that safely and reliably manufacture high-quality products,” said Jim Seward, vice president technology business, sustainability and O&P EAI JV Management at LyondellBasell. “The latest version of our Spheripol technology enables the production of a broad range of PP resins with world class efficiency, while our Hostalen ACP technology is designed to produce high-performance, multimodal HDPE resins.”
Mr. Liu Boxue, Wanhua’s Vice President, stated: “We selected LyondellBasell’s Spheripol process because of the technology’s low capital and operating costs, leading monomer consumptions and excellent operability. We also chose their Hostalen ACP process to better meet our customer’s growing demand for HDPE products in China.”
Spheripol is the leading PP process technology with more than 25 million tons of licensed capacity and globally recognized quality grades.
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 Spheripol and Hostalen ACP process, LyondellBasell’s portfolio of licensed polyolefin processes and associated technical services includes:
- 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
# # #
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 polymer 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.