Spheripol and Hostalen ACP technologies selected by Wanhua Chemical Group Co., Ltd
ROTTERDAM, Netherlands, October 17, 2018 – Lyondellbasell (NYSE:LYB) today announced Wanhua Chemical Group Co., Ltd (Wanhua), has selected LyondellBasell’s world leading polypropylene (PP) and high density polyethylene (HDPE) technologies for two new plants. The plants will be constructed in Yantai City, Shandong Province. The complex will include a 300 KTA polypropylene plant that will utilize LyondellBasell’s fifth generation Spheripol PP process technology and a 350 KTA high density polyethylene plant which will utilize Hostalen ACP process technology. “Our talented employees develop technologies that safely and reliably manufacture high-quality products,” said Jim Seward, vice president technology business, sustainability and O&P EAI JV Management at LyondellBasell. “The latest version of our Spheripol technology enables the production of a broad range of PP resins with world class efficiency, while our Hostalen ACP technology is designed to produce high-performance, multimodal HDPE resins.” Mr. Liu Boxue, Wanhua’s Vice President, stated: “We selected LyondellBasell’s Spheripol process because of the technology’s low capital and operating costs, leading monomer consumptions and excellent operability. We also chose their Hostalen ACP process to better meet our customer’s growing demand for HDPE products in China.” Spheripol is the leading PP process technology with more than 25 million tons of licensed capacity and globally recognized quality grades. Hostalen ACP process technology manufactures high performance, multi-modal HDPE resins with an industry-leading stiffness/toughness balance, impact resistance, high stress cracking resistance and process advantages used in film, blow moulding and pipe applications. In addition to the Spheripol and Hostalen ACP process, LyondellBasell’s portfolio of licensed polyolefin processes and associated technical services includes:
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SOURCE: LyondellBasell |