LyondellBasell starts PP production at new compounding plant in China

LyondellBasell starts production at new compounding plant in China

5:16 AM, 25th September 2017
LyondellBasell starts PP production at new compounding plant in China
LyondellBasell’s new 20 kilotonne per year polypropylene compounding plant in Dalian, China.

HOUSTON, US/ ROTTERDAM, THE NETHERLANDS: LyondellBasell Industries NV has started up production at a new 20 kilotonne per year polypropylene (PP) compounding plant in Dalian, China. This is the company's third facility in China, strategically located to serve the region's growing automotive market.

The addition of this plant allows the company's further expansion into the strategically important North China region which is home to a number of major automobile manufacturers including BMW, Daimler, GM, Volkswagen, Audi, Nissan and Chery.

"With China's automobile market poised for significant growth over the next several years this facility allows us to better serve our customers, reduce shipping time and logistics costs while delivering a strong return for our shareholders. This plant leverages our global value chain, from polypropylene technology to specialized compounded products, for the benefit of our customers in the region," said LyondellBasell CEO Bob Patel.

"This plant will supply our customers with the innovative products they need to produce more efficient and comfortable vehicles and allow us to maintain our leadership position in the automotive sector," said Richard Roudeix, LyondellBasell senior VP, olefins & polyolefins, Europe, Asia and International.

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