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LyondellBasell grants HDPE license to Lianyungang Petrochemical

| By Mary Bailey

LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) announced that Lianyungang Petrochemical Co., Ltd (a company of Zhejiang Satellite) has selected Hostalen Advanced Cascade Process (Hostalen ACP) technology from LyondellBasell to produce 400,000 metric tons per year (m.t./yr) of high-density polyethylene (HDPE) at a new plant to be built at Lianyungang, Jiangsu Province, China.

“We are grateful to Zhejiang Satellite for selecting our technology. With this contract, LyondellBasell has licensed more than 1 million tons of Hostalen ACP capacity this year,” said Jim Seward, vice president technology business and sustainability at LyondellBasell. “This clearly demonstrates this is the process technology of choice for the production of high-performance multimodal HDPE products.”
 
Mr. Lu Wei Wei, vice president of Zhejiang Satellite stated: “The market demands high-performance HDPE and LyondellBasell’s multi-modal technology effectively meets these needs. Selecting LyondellBasell’s low-pressure slurry process in our petrochemical complex will enable us to produce high-quality products reliably and economically.”
 
This project represents the 10th Hostalen ACP line licensed in China. With this license, the total design and operating capacity of Hostalen ACP lines in China will exceed 3.4 million tons per year.