MOSCOW (MRC) -- LyondellBasell (Rotterdam, the Netherlands) announced that Hanwha Solutions Corporation (Hanwha) will use the LyondellBasell Lupotech T high-pressure polyethylene technology at a new site in Yeosu, South Korea, said the company.
The Lupotech T process technology will be used for a 300,000 ton per year vinyl acetate copolymer (EVA) line.
“Hanwha is an experienced producer of LDPE and EVA resins in South Korea and we are excited that Hanwha opted for the Lupotech T process to expand their production capacity with this significant award,” said Neil Nadalin, Director Global Licensing and Services at LyondellBasell. Nadalin added, “When it comes to a high-pressure LDPE technology capable of producing the full spectrum of EVA and LDPE grades, the Lupotech T process is the ultimate choice for operators around the world in today’s fast-changing market."
“We expect Hanwha to be a global top tier in the EVA market through this project,” said Youngchul Kwon, Head of Corporate Business Development Office at Hanwha Solutions. Kwon added, “The Lupotech T process is highly reliable for its operability, productivity and quality."
We remind, LyondellBasell announced that Polski Koncern Naftowy ORLEN S.A. (PKN ORLEN) will be using the LyondellBasell Lupotech T high-pressure polyethylene technology. The Lupotech T process technology will be used for a 250 kiloton per year (KTA) low density polyethylene (LDPE) line. The new line will be located at their existing complex in Plock, Poland.