LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) announced that Zhejiang Petroleum & Chemical Co., Ltd (ZPCC) has selected LyondellBasell’s 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 450,000-metric ton (m.t.) polypropylene plants that will utilize LyondellBasell’s Spherizone PP process technology and two low-density polyethylene plants, 300,000 and 400,000 m.t./yr respectively, which will utilize Lupotech T process technology. The complex will also include a 350,000-m.t./yr high-density polyethylene plant which will utilize Hostalen ACP process technology.
At a total capacity of almost 2 million m.t./yr, these new licenses constitute the largest volume of new capacity ever licensed by LyondellBasell in a single location.
“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”, said Jim Seward, vice president technology business, sustainability and O&P EAI JV Management at LyondellBasell. “This again demonstrates LyondellBasell’s leadership in polymer process technologies.”
Mr. Li Shuirong, Board Chairman of ZPCC said, “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.”