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LyondellBasell licenses polyethylene technology to Polski Koncern Naftowy ORLEN S.A.

| By Mary Bailey

LyondellBasell (Rotterdam, the Netherlands) announced that Polski Koncern Naftowy ORLEN S.A. (PKN ORLEN) will be using the LyondellBasell Lupotech T high-pressure polyethylene technology.

The Lupotech T process technology will be used for a 250,000 metric tons per year (m.t./yr) low-density polyethylene (LDPE) line. The new line will be located at their existing complex in Plock, Poland.

“With our high-pressure process engineering capabilities and long-standing operating and product expertise, LyondellBasell is delighted to become PKN ORLEN’s licensing partner for the new LDPE project at their site at Plock,” said Neil Nadalin, Director Global Licensing and Services at LyondellBasell. Nadalin added, “For larger scale production of LDPE resins, the Lupotech T process technology has proven to be the safe, reliable and energy efficient benchmark for our customers around the world.”

“Investment in modern technology is one of our strategic goals. In this way, we are consistently bolstering our position in the European market and increasing profits. Petrochemicals are crucial to the future of the ORLEN Group and the strength of the Polish economy. According to global forecasts, the value of the petrochemicals and base plastics market is expected to double by 2030. That is why we are investing heavily in this area of our business, effectively leveraging the potential of the Płock plant. The project we are looking into will allow us to add another petrochemical product to our portfolio, develop our competencies and create specialised jobs,” says Daniel Obajtek, President of the PKN ORLEN Management Board.