First LyondellBasell license granted for Spherizone technology to PetroChina

04-Feb-2008

PetroChina Daqing Refining & Chemical Company has selected LyondellBasell Industries' Spherizone process technology for a new 300 KT per year polypropylene plant to be built at Daqing, Heilongjiang Province in the People's Republic of China. Start up is planned for 2010. This is PetroChina's ninth polyolefin license from LyondellBasell in this decade.

"The first license granted as LyondellBasell is also a reflection of the continued long lasting and valued relationship with PetroChina" said Just Jansz, president of LyondellBasell's Technology Business.

LyondellBasell's Spherizone process technology is an advanced manufacturing process for the production of polypropylene that uses a unique, multi-zone circulating reactor system. Spherizone process plants can produce the full range of polypropylene grades, as well as entirely new families of propylene-based polymers. The Daqing plant will be the eleventh to be built worldwide using Spherizone technology. To date, over three million tonnes of annual capacity have been licensed.

In the last decade, LyondellBasell technologies have been selected in about half of all new polypropylene projects worldwide.

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