Pequiven and Braskem select Basell’s technology for a 450 KT per year polypropylene plant
June 4, 2007 – Pequiven, Petroquímica de Venezuela, the Venezuelan State-owned Company and Braskem, the South American market leader in thermoplastic resins, have signed a license agreement to use Basell’s Spheripol technology for a new 450 KT per year polypropylene plant. The plant will be built by their new joint venture under implementation in Jose, Venezuela, with an expected start-up in 2009.
“The Spheripol process, the most widely used polypropylene technology in the world, is well established in the region and has again been selected for its superior economics, proven track record and broad product slate.” said Just Jansz, President of Basell’s Technology Business. He added, “Continuous improvements in the technology have helped maintain its leading position. Customers appreciate its record of high plant operability, rapid grade changes and demonstrated commercial success. ”
Today the Spheripol process is the most widely used polypropylene technology in the world, with more than 19.5 million tonnes of licensed capacity.
In addition to the Spheripol process, Basell’s portfolio of licensed technologies and associated technical services is comprised of:
• Spherizone – latest generation polypropylene process based on new multi-zone circulating reactor technology
• Spherilene – advanced swing gas phase process for the production of LLDPE, MDPE and HDPE
• Lupotech T – leading high-pressure tubular reactor process for the production of LDPE and EVA copolymers
• Hostalen – leading low-pressure slurry process for the production of bimodal HDPE
• Metocene PP – technology for the production of specialty polypropylene products using single-site catalyst systems
Basell is the global leader in polyolefins technology, production and marketing. It is the largest producer of polypropylene and advanced polyolefin products; a leading supplier of polyethylene and catalysts, and the industry leader in licensing polypropylene and polyethylene processes, including providing technical services for its proprietary technologies. Basell, together with its joint ventures, has manufacturing facilities in 19 countries and sells products in more than 120 countries. Additional information about Basell is available at www.basell.com.
For more information contact Waldemar Oldenburger, Basell Corporate Communications at +49 69 305 854 59 or waldemar.oldenburger@basell.com
