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
Sika AG (Baar, Switzerland) has opened a new plant in Santa Cruz de la Sierra, thus doubling its production capacity for mortar and concrete admixtures in Bolivia. With this new facility in one of the country’s main industrial agglomerations, Sika is positioning itself for continued growth in the dynamic Bolivian construction market.
Chevron Corporation (NYSE: CVX) and Renewable Energy Group, Inc. (NASDAQ: REGI) (REG) announced on Monday a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 billion, or $61.50 per share.
Lotte Chemical Corp. will invest 10 trillion won ($8 billion) on hydrogen and battery materials through 2030 to achieve annual revenue of 50 trillion won and carbon neutrality. The Korean chemical producer on Thursday unveiled its new corporate vision outlining key corporate strategies with focus on growth through hydrogen energy and battery materials businesses.