Netherlands-based chemicals company LyondellBasell has been chosen to provide its polypropylene (PP) and polyethylene (PE) technologies for Liaoning Bora Petrochemical’s three new plants in China.
Liaoning Bora is planning for two polypropylene plants that will adopt Spherizone and Spheripol PP process technologies and have a total combined capacity of 600,000t.
Set to operate on Hostalen ACP process technology, the third complementary plant is a high-density polyethylene (HDPE) unit with a 350,000t capacity per annum.
Liaoning Bora intends to construct the new facilities in its new petrochemical complex located at Panjin in Liaoning Province of the country.
Liaoning Bora Petrochemical vice-president Zhao Jiandong said: “LyondellBasell has a strong reputation in polymer process technologies.
“Employing these in our new petrochemical complex enables us to produce high-quality products reliably and economically.”
LyondellBasell develops material and product solutions for application in food safety, water purity protection and improved safety of cars and trucks.
The firm’s polyolefin processes and associated technical services portfolio also includes high-pressure technology Lupotech, add-on product Metocene PP, and Spherilene gas-phase process solution.
Source: Chemicals technology
Italy’s Treasury has sold a 2.8% stake in oil and gas company Eni, raising approximately €1.4bn. Despite this reduction, the Italian Government will own a third of Eni, with a combined stake of more than 30% held between the Treasury and state lender Cassa Depositi e Prestiti, which owns another 28.5% stake.
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