LyondellBasell grants Hostalen technology license Chinese company

LyondellBasell grants Hostalen technology license to Chinese company

10:05 PM, 26th January 2012
LyondellBasell grants Hostalen technology license to Chinese company
Bob Patel, Senior Vice President, Olefins & Polyolefins, LyondellBasell.

ROTTERDAM, NETHERLANDS: LyondellBasell announced that it has granted a Hostalen ACP process technology license to Shaanxi Yanchang Petroleum Yanan Energy and Chemical Co Ltd. Start-up for this new HDPE plant in the Chinese Shaanxi province is scheduled for 2014. Key features of the Hostalen ACP process technology include three reactors in cascade enabling the production of high-performance HDPE resins particularly suitable for film, blow-moulding and pressure pipe applications.

Hostalen ACP has low manufacturing and investment costs for multimodal HDPE and capacities of up to 450 kilotonne per year, which make it today’s technology of choice for the production of HDPE. “This is the largest capacity Hostalen ACP multi-modal process technology that we have ever licensed, further demonstrating the competitive economics for producing leading HDPE resins,” said Bob Patel, Senior Vice President, Olefins & Polyolefins, LyondellBasell.

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