MOSCOW (MRC) -- LyondellBasel, one of the world's largest plastics, chemical and refining companies,l has announced that OAO Nizhnekamskneftekhim, the largest petrochemical company in Russia, has selected the company's Spheripol process technology for a new 400 KT per year single-line polypropylene (PP) plant to be built in Nizhnekamsk, Russia Federation, according to LyondellBasell's press release.
The start-up of the new facility is projected after 2015.
"This is the third polyolefin process technology that we have licensed to them building on a relationship that spans more than eight years," said Bob Patel, Senior Vice President of Olefins and Polyolefins, Europe, Asia, International (EAI) and Technology at LyondellBasell.
Spheripol technology offers the wide range of polymers applications, unmatched safety record, and operability among the best in the industry. Production rates of up to 550 KT per year are available, which makes it the technology of choice for the production of polypropylene.
We remind that, as MRC reported earlier, in early July, LyondellBasell 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.
Headquartered in the Netherlands, LyondellBasell is one of the world's largest plastics, chemical and refining companies. LyondellBasell manufactures products at 58 sites in 18 countries. The company produces chemicals, fuels, and polymers used for packaging, clean fuels, durable textiles, medical applications, construction materials, and automotive parts. LyondellBasell is also a leading licensor of polypropylene and polyethylene technologies. The more than 250 polyolefin process licenses granted by LyondellBasell are twice that of any other polyolefin technology licensor.
MRC