LyondellBasell Buys $2-billion Stake in Sasol’s Lake Charles Base Chemicals Unit

LyondellBasell and Sasol Ltd. have entered into a definitive agreement to form a 50/50 joint venture (JV) through which LyondellBasell will acquire 50% of Sasol’s Lake Charles base chemicals unit for a total consideration of $2 Billion. The Lake Charles base chemicals unit includes a 1.5-million-ton ethane cracker, 900,000-ton low and linear-low density polyethylene plants … Read more

LyondellBasell and Bora Start-up New Joint Venture Facility

LyondellBasell and China’s Liaoning Bora Enterprise Group (Bora) announced the establishment and start-up of their new joint venture polyolefin complex in the Liaoning province of northeastern China. First announced in September 2019, the 50:50 joint venture (JV) will operate under the name Bora LyondellBasell Petrochemical Co. Ltd. (BLYB). “Demand for polyolefins has returned in China … Read more

LyondellBasell PP/HDPE technology Selected for Duqm’s Oman plant

LyondellBasell announced that Duqm Refinery and Petrochemical Industries Company LLC (DRPIC) has selected LyondellBasell’s world-leading polypropylene (PP) and high-density polyethylene (HDPE) technologies for a new facility. The new plants will comprise of a polypropylene (PP) plant that will utilize LyondellBasell’s Spheripol PP process technology to produce 280,000 metric tons per year of PP and a … Read more

LyondellBasell to Slow Construction on PO/TBA Project

LyondellBasell announced on Monday that it will slow construction of its propylene oxide (PO) and tertiary butyl alcohol (TBA) facility in Channelview, Texas. The company is limiting non-essential activities considering the current concerns related to the coronavirus pandemic. The PO / TBA site is under construction and limiting the construction activities will be prudent, according … Read more

Hyosung Vina to Use LyondellBasell’s Spheripol Tech for PP Plant

LyondellBasell, the world’s largest licensor of polyolefin technologies, announced that Hyosung Vina Chemicals Co., Ltd. will use the LyondellBasell Spheripol technology for a new facility. The process technology will be used for a 300,000 ton per year polypropylene plant to be built in Cai Mep Industrial Zone, Vung Tau Province, Vietnam. “This additional award for … Read more

LyondellBasell, Sinopec Sign New China JV to Produce PO, SM

LyondellBasell has signed a Memorandum of Understanding to form a 50:50 joint venture with China Petroleum & Chemical Corporation (Sinopec), one of the largest integrated energy and chemical companies in China. Under the non-binding MoU, the JV will construct a new propylene oxide (PO) and styrene monomer (SM) unit in Zhenhai, Ningbo, China to serve … Read more

Ulsan PP Breaks Ground on New Polypropylene Plant in South Korea

LyondellBasell announced that Ulsan PP Co., Ltd., a joint venture between PolyMirae Company Ltd, a 50-50 partnership of LyondellBasell and Daelim, and SK Advanced broke ground in the southeastern port city of Ulsan, South Korea. This new plant will utilize LyondellBasell’s world leading fifth generation Spheripol technology and is expected to begin production in May … Read more

LyondellBasell Signs MOU with Bora for Expansion in China

LyondellBasell, one of the largest plastics, chemicals and refining companies in the world announced it has signed a Memorandum of Understanding (MoU) to expand in China through a Joint Venture (JV) with the Liaoning Bora Enterprise Group (Bora). “China is the largest, fastest growing market in the world for our core products,” said Bob Patel, … Read more

LyondellBasell, Neste Announce Commercial-scale Production of Bio-based Plastic from Renewables

LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, and Neste, the world’s largest producer of renewable diesel from waste and residues, announced the first parallel production of bio-based polypropylene and bio-based low-density polyethylene at a commercial scale. LyondellBasell production team in Wesseling, Germany shows off first batch of bio-polymer made … Read more

Air Liquide Expands Supply Agreement with LyondellBasell

Air Liquide announced today that it has expanded its utilities supply agreement with LyondellBasell for its new propylene oxide (PO) and tertiary butyl alcohol (TBA) project in the Houston area. This agreement comes in addition to the long-term contract already signed with LyondellBasell to supply oxygen for this project, which will be the world’s largest … Read more