MOSCOW (MRC) -- LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, has announced that China Petroleum Materials Limited Corporation (CPMC) and Petrochina Liaoyang Petrochemical Company (LYPC) have selected LyondellBasell's Spherizone technology for a 300KT per year polypropylene (PP) plant planned to be built at Liaoyang, Liaoning Province, China, as per LBI's press release.
"LyondellBasell is very pleased to expand its relationship with Petrochina with this license at Liaoyang,” said Jim Seward, vice president technology business and sustainability at LyondellBasell. “With the ability to produce products having superior properties and performance, the Spherizone process technology is a new benchmark for polypropylene production."
"This process technology was selected through an international bidding process on the basis of the technical exchanges with various licensees. It has the extraordinary ability to produce high value-added polypropylene products," said Mr. Li Guihe vice president of LYPC.
Mr. Chu Yuan Lin, vice president of CPMC stated: "LyondellBasell is the global leader in polyolefin technologies; we believe that successful cooperation can bring good and long-term economic benefits to the PetroChina companies."
The Spherizone process is the newest and most advanced polypropylene technology expanding the product portfolio beyond the traditional range of polypropylene grades. Unlike other PP process technologies, it also allows the production of entirely new families of propylene-based polymers using its unique multi-zone circulating reactor system. This project represents the ninth Spherizone line licensed in China. With this license, the total design and operating capacity of Spherizone lines in China will exceed 3,000 kilotons per year.
As MRC wrote before, LyondellBasell has recently 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. 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.
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.