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
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, 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, 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 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