HOUSTON and Spartanburg, S.C., January 10, 2005 \- Lyondell Chemical Company (NYSE:LYO) today announced that its Equistar Chemicals business has introduced two new resins - PP30HF01 and PP33HF04 polypropylene-ethylene copolymer resins - which feature Milliken Chemical's Millad? 3988 clarifying agent.
Designed for use in molding and extrusion applications including blow molding, sheet, injection molding and film, where enhanced clarity is essential, these new resins can be used to make food containers, beverage bottles and personal care product packaging.
"We wanted to offer a superior product with exceptional clarity," says Chuck Shearn, Lyondell's marketing manager for blow molding. "By incorporating Millad 3988 clarifying agent into our resins, we can offer our clients products with outstanding clarity, faster cycle times, dimensional stability and toughness."
Millad 3988 clarifying agent is one of the most widely used clarifying agents for polypropylene and is recognized for its superior clarity, reduced density, increased strength and enhanced cost effectiveness.
PP30HF01 and PP33HF04 polypropylene-ethylene copolymer resins are compliant with the Food and Drug Administration regulations and can be used to produce food storage containers and closures that come into contact with food.
Lyondell also offers Millad 3988 clarified grades for injection molded applications. PP33HR01 and PP43QW02 are commercially available for applications such as injection molded food storage containers and closures.
For information about end-use applications and processing recommendations for clarified blow molding, sheet, injection molding and film resins, contact a member of the Lyondell sales team or visit www.lyondell.com.
Lyondell Chemical Company, headquartered in Houston, Texas, is North America's third-largest independent, publicly traded chemical company. Lyondell is a major global manufacturer of basic chemicals and derivatives including ethylene, propylene, titanium dioxide, styrene, polyethylene, propylene oxide and acetyls. It also is a significant producer of gasoline blending components. The company has a 58.75 percent interest in LYONDELL-CITGO Refining LP, a refiner of heavy, high- sulfur crude oil. Lyondell is a global company operating on five continents and employs approximately 10,000 people worldwide. Equistar Chemicals is a wholly owned subsidiary of Lyondell.
Headquartered in Spartanburg, S.C., Milliken Chemical is a division of Milliken & Company, one of the world's largest privately held textile and chemical corporations. With technical service and application development centers worldwide, Milliken serves a broad array of markets, providing products and services that enhance the performance, appearance and durability of consumer and commercial products. Milliken Chemical is a market leader in additives for plastics, including Millad? 3988 clarifying agent, Hyperform? nucleating agents, ClearTint? polymer colorants and ClearShield? UV absorber. For further information, visit www.millikenchemical.com.
Millad?, Hyperform?, ClearTint?, ClearShield? and Milliken? are registered trademarks of Milliken & Company.
CONTACT:
Eric Stebel
713-309-3987
eric.stebel@lyondell.com
Beth Doughty
704-926-1301
bdoughty@wwlcreative.com
Mark Brock
704-926-1305
mbrock@wwlcreative.com
