MOSCOW (MRC) -- LyondellBasell announced that its leading polypropylene (PP) technology has been selected by Stavian Quang Yen Petrochemical, Ltd. (Stavian) for a new world scale production facility, said the company.
The facility will include a 600 kiloton per annum (KTA) polypropylene plant using LyondellBasell’s Spheripol technology. The facility will be built in Quang Ninh Province, Vietnam.
“We are delighted Stavian Quang Yen Petrochemical selected LyondellBasell as its polypropylene licensor for their first polyolefin facility,” said Neil Nadalin, director of licensing at LyondellBasell. Nadalin added, “The selection of the Spheripol process will enable Stavian to produce benchmark polypropylene resins in a state-of-the-art process technology, allowing them to best serve the fast growing Vietnamese polyolefin market."
Mr. Bui Viet Ha, Project Director at Stavian Quang Yen Petrochemical stated: “Working with the leading polypropylene technology licensor gives us enormous confidence that we will be able to deliver timely large scale quality resins to the domestic market. The excellent reputation of LyondellBasell and its solid licensing record and experience as well as an extensive product portfolio lead us to choose LyondellBasell as the PP licensor for our project."
Spheripol is the leading PP process with more than 30 million tons of licensed capacity. The latest fifth generation Spheripol technology includes process improvements that further maximize operational efficiency. The plant will commence operation using the LyondellBasell Avant ZN catalyst.
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We remind, LyondellBasell and Shakti Plastic Industries, India's largest plastic scrap recycler and waste collection company, have signed a Memorandum of Understanding (MoU) to form a joint venture to build and operate a fully-automated, mechanical recycling plant in India.