MOSCOW (MRC) -- LyondellBasell has announced that Zhejiang Petroleum & Chemical Co. Ltd (ZPCC) has selected LyondellBasell’s polypropylene (PP), high-density polyethylene (HDPE) and low-density polyethylene (LDPE) technologies for five new plants, said Hydrocarbonengineering.
The plants will be built in ZPCC’s petrochemical complex in Zhoushan City, China.
The complex will include two 450 000 tpy PP plants that will use LyondellBasell’s Spherizone PP process technology and two LDPE plants, 300 000 and 400 000 tpy respectively, which will use Lupotech T process technology. The complex will also include a 350 000 tpy HDPE plant which will use Hostalen ACP process technology.
At a total capacity of almost 2 million t, these new licenses constitute the largest volume of new capacity ever licensed by LyondellBasell in a single location.
As MRC wrote previously, in August 2016, LyondellBasell made the final investment decision to build a high density polyethylene (HDPE) plant on the US Gulf Coast. The plant will have an annual capacity of 1.1 billion pounds (500,000 metric tons) and will be the first commercial plant to employ LyondellBasell's new proprietary Hyperzone PE technology. The start-up of the new plant is scheduled for 2019.
LyondellBasell is one of the largest plastics, chemicals and refining companies in the world. Driven by its 13,000 employees around the globe, LyondellBasell produces materials and products that are key to advancing solutions to modern challenges like enhancing food safety through lightweight and flexible packaging, protecting the purity of water supplies through stronger and more versatile pipes, and improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road. LyondellBasell sells products into approximately 100 countries and is the world's largest licensor of polyolefin technologies.
MRC