10 October 2018
DETAILS
LyondellBasell (NYSE: LYB) today announced
that a joint venture between
PolyMirae Company Ltd (PMC) and SK Advanced (SKA)
has selected LyondellBasell’s world leading
polypropylene fifth generation Spheripol technology
for a 400KTA unit to be constructed in Ulsan, South Korea.
Jim Seward,
vice president technology business,
sustainability and O&P EAI JV management at LyondellBasell
“We are pleased to be the technology provider of choice
for the newly developed polyolefins business of PMC,”
“With more than 25 million tons of licensed capacity Spheripol,
is the leading polypropylene process technology
recognized around the world
for combining quality polypropylene grades
with outstanding monomer efficiency.”
Mr. Martino Gabellich,
CEO of PolyMirae
“We selected Spheripol for its ability
to meet our customer’s differentiated growing demand
of products for automotive compounding,
textile and packaging segments and
for its leading investment cost.”
Mr. Chul-Jin Kim,
CEO of SK Advanced
“We were impressed by the value PMC
realizes from their existing Spheripol assets,”.
“It provides us with the confidence
that this is the right technology
to make this project a competitive advantage
by using specialty grade polypropylene products.”
For information,
contact: David Greely (+1 (713) 309.4395)
WWW.CHEMWINFO.COM BY KHUN PHICHAI
