04/28/2021 | Press release | Distributed by Public on 04/28/2021 01:34
ROTTERDAM, the Netherlands, April 28, 2021 - LyondellBasell (NYSE: LYB) today announced that Shandong Yulong Petrochemical Co. Ltd will use the LyondellBasell Lupotech T high-pressure polyethylene technology in two separate production lines at a new facility.
The process technology will be used for a 200 KTA low density polyethylene (LDPE) line and a 300 KTA LDPE and ethylene vinyl acetate copolymer (EVA) line to produce LDPE with vinyl acetate comonomer. The facility will be located in Longkou, Yantai, Shandong Province, P.R. of China.
'With continuous, significant growth in LDPE and EVA applications, and the need for benchmark manufacturing performance to effectively compete in the product market, Shandong Yulong Petrochemical's selection of our Lupotech T underlines our leading position in process technologies for the production of LDPE and LDPE specialities,' said Neil Nadalin, Director Global Licensing and Services at LyondellBasell. Nadalin added, 'Lupotech T is the technology of choice for high-pressure tubular LDPE production offering lowest operating and balanced investments costs to our customers.'
Decades of experience in high-pressure application design makes Lupotech T the preferred technology for LDPE/EVA plant operators. High conversion rates and effective process heat integration are key attributes of the Lupotech T process, designed to ensure this technology's on-going energy efficiency.
More than 12,000 KTA of Lupotech T LDPE/EVA production capacity has been licensed by LyondellBasell in over 70 lines around the world.
New licensees can take advantage of LyondellBasell's in-house expertise of continuous production improvement, product development according to the latest environmental regulations and our knowhow in high pressure design, by optionally joining our Technical Service program.
In addition to the Lupotech T process technology, the LyondellBasell portfolio of licensed polyolefin processes and catalysts includes:
About LyondellBasell
LyondellBasell (NYSE: LYB) is one of the largest plastics, chemicals and refining companies in the world. Driven by its employees around the globe, LyondellBasell produces materials and products that are key to advancing solutions to modern challenges like enhancing food safety through lightweight and flexible packaging, protecting the purity of water supplies through stronger and more versatile pipes, improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road, and ensuring the safe and effective functionality in electronics and appliances. LyondellBasell sells products into more than 100 countries and is the world's largest producer of polypropylene compounds and the largest licensor of polyolefin technologies. In 2021, LyondellBasell was named to FORTUNE Magazine's list of the 'World's Most Admired Companies' for the fourth consecutive year. More information about LyondellBasell can be found at www.lyondellbasell.com.
For information, contact: Neil Nadalin (+49 69 30585454)