LyondellBasell grants largest Spheripol process technology license to ZapSibNeftekhim
ROTTERDAM, Netherlands, July 9, 2012 – LyondellBasell (NYSE: LYB) today announced that ZapSibNeftekhim L.L.C, a fully owned subsidiary of SIBUR, has selected the Spheripol process technology from LyondellBasell for a new 500 KT per year single-line polypropylene (PP) plant to be built in Tobolsk, Russia Federation. Start-up is projected after 2017.
“This will be the largest capacity plant built to date using the Spheripol process technology,” said Bob Patel, Senior Vice President of Olefins and Polyolefins, Europe, Asia, International (EAI) and Technology at LyondellBasell. “This will provide ZapSibNeftekhim an economical method to produce a wide range of premium-quality PP grades.”
In addition to the Spheripol process, LyondellBasell’s portfolio of licensed polyolefin technologies and associated technical services includes:
LyondellBasell (NYSE: LYB) is one of the world’s largest plastics, chemical and refining companies. The company manufactures products at 58 sites in 18 countries. LyondellBasell products and technologies are used to make items that improve the quality of life for people around the world including packaging, electronics, automotive parts, home furnishings, construction materials and biofuels. More information about LyondellBasell can be found at www.lyondellbasell.com.
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