2 October 2018
DETAILS
LyondellBasell (NYSE: LYB) today announced that
Zhejiang Petroleum & Chemical Co., Ltd (ZPCC)
has selected LyondellBasell’s world-leading
* polypropylene (PP),
* high-density polyethylene (HDPE) and
* low-density polyethylene (LDPE) technologies
for five new plants.
The plants will be built at
Zhoushan City in ZPCC’s petrochemical complex
in Zhoushan City, P.R. China.
The complex will include
* two 450 KTA polypropylene plants
that will utilize LyondellBasell’s
Spherizone PP process technology and
* two low-density polyethylene plants,
300 and 400 KTA respectively,
which will utilize Lupotech T process technology.
* The complex will also include
a 350 KTA high-density polyethylene plant
which will utilize HDPE Hostalen ACP process technology.
At a total capacity of almost 2 million tonnes,
these new licenses constitute
the largest volume of new capacity
ever licensed by LyondellBasell in a single location.
Jim Seward,
vice president technology business,
sustainability and O&P EAI JV Management at LyondellBasell
ZPCC’s selection of
Spherizone as the innovative manufacturing platform
for polypropylene resins with enhanced properties,
Hostalen ACP as the leading low-pressure slurry process
for the production of high-performance multimodal HDPE resins and
Lupotech T as the market leader in high-pressure tubular
LDPE technology offering low operating and investment cost,
shows once again the confidence
the market has in our technologies”,
“This again demonstrates LyondellBasell’s leadership
in polymer process technologies.”
Mr. Li Shuirong,
Board Chairman of ZPCC
“These process technologies were selected following
a detailed investigation, combined with
extensive discussions with various licensors.
We are confident that the polyolefin technologies
we have licensed from LyondellBasell
will contribute positively to the innovation,
productivity and efficiency of our new business operation.”
SOURCE: Lyondellbasell
For information, contact: David Greely (+1 (713) 309.4395)
WWW.CHEMWINFO.COM BY KHUN PHICHAI
