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Share LyondellBasell grants Lupotech T License to Xinjiang Tianli Gaoxin Petrochemical Company Limited January 23, 2019 ROTTERDAM, Netherlands, January 23, 2019 - Lyondellbasell (NYSE:LYB), the world’s largest licensor of polyolefin technologies, today announced that Xinjiang Tianli Gaoxin Petrochemical Company Limited (Tianli Gaoxin) has selected Lupotech T process technology from LyondellBasell for a 200KT per year low density polyethylene (LDPE) and ethylene vinyl acetate (EVA) plant to be built at Dushanzi, Xinjiang Province, China. “With significant growth in LDPE and EVA products, and the need for benchmark manufacturing performance to effectively compete in the region, Tianli Gaoxin’s selection of Lupotech T again demonstrates the value of our process technologies for the production of LDPE and EVA,” said Jim Seward, vice president technology business and sustainability at LyondellBasell. “Lupotech T is the market leader in high-pressure tubular LDPE technology offering low operating and investments costs to our customers.” Mr. Li Ji, president of Tianli Gaoxin’s stated: “This process technology was selected following a detailed investigation. Finally we selected LyondellBasell’s Lupotech T for its extraordinary grade slate, including high-quality LDPE and EVA copolymers.” Lupotech T, with its high conversion rates and effective heat recovery system, also offers customers other economic advantages such as fast grade changes and a high on-stream factor. This makes Lupotech T today’s technology of choice for the world-scale production of low density polyethylene (LDPE) and ethylene-vinyl acetate (EVA) copolymers. This project represents the 15th Lupotech T line licensed in China. With this license, the total design and operating capacity of Lupotech T lines in China will exceed 3,300 kilotons per year. In addition to the Lupotech T process, LyondellBasell’s portfolio of licensed polyolefin processes and associated technical services includes:
LyondellBasell Grants LDPE And EVA Copolymers License To Hyundai Oilbank Co. Ltd LyondellBasell, the world’s largest licensor of polyolefin technologies, today announced that Hyundai Chemical Co. Ltd (a joint venture company between Hyundai Oilbank Co. Ltd. and Lotte Chemical Corporation) has selected Lupotech Tprocess technology from LyondellBasell for a 300KT per year low density polyethylene (LDPE) and ethylene vinyl acetate (EVA) copolymers plant to be built at Daesan, South Korea. Neil Nadalin, Director Global Licensing and Services at LyondellBasell stated: “This project again demonstrates the superior benefits the Lupotech T technology offers to our customers for high-pressure tubular LDPE. Lupotech T continues to meet our customer’s key project requirements in today’s LDPE and EVA market by balancing operating and investment costs to reach world scale single line capacity.” Im-ju Jung, Executive Director and Head of Process Department of Hyundai Chemical Co., Ltd stated: “LyondellBasell’s technology solution allows us to serve the high-quality LDPE and EVA copolymers market. The unique experience along the polyolefin value chain makes LyondellBasell for us again the licensor of choice for this project.” Proven safety features based on decades of experience in high-pressure application design make Lupotech T the technology of choice for LDPE plant operators. High conversion rates and effective process heat integration are key attributes of the Lupotech T process and contribute to a sustainable growth of the LDPE and EVA markets. LyondellBasell has licensed more than 11,000 KT per year of Lupotech T LDPE production capacity in about 65 lines around the world. New licensees can take advantage of LyondellBasell’s in-house expertise of continuous production improvement, sustainable product development and catalyst knowhow, by optionally joining our Technical Service program.