PetroChina selects Basell's Hostalen technology for new 300 KT HDPE plant

31-Mar-2004

PetroChina Company Ltd. has signed a license agreement to use Basell's Hostalen technology for a new 300 KT per year high density polyethylene plant in Jilin, the People's Republic of China.

"This is the first license in China for the bimodal Hostalen HDPE process", said Just Jansz, president of Basell Technology Company, who participated in a signing ceremony in Beijing on March 27, 2004. "The Hostalen process is the leading low-pressure slurry cascade process for the production of monomodal and bimodal HDPE, including PE 100 pipe and high tenacity film grades. A key feature of the products manufactured with the Hostalen process is their excellent combination of processability and mechanical product properties. The introduction of this technology will further enhance PetroChina's leading position in the fast growing polyolefin market in China."

Uhde GmbH of Germany was selected as the engineering contractor for the new plant.

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