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Specialty Chemicalsworld trade 2024+2.3% 5Y CAGR

Plastics and Polymersworld trade 2024+3.9% 5Y CAGR

Sep 8, 2019PARTNERSHIPPanjin, China, China

LyondellBasell and Bora Enterprise Group sign MOU for petrochemicals complex in China

LyondellBasell signed a Memorandum of Understanding with China's Bora Enterprise Group to form a 50:50 joint venture to own and operate a 1.1 million t/y cracker and downstream facilities for PE, PP and styrene in Panjin, China. The complex would use LyondellBasell's technologies.

Status

Announced

Capacity

1.1 million t/y cracker, 800,000 t/y PE, 600,000 t/y PP, 350,000 t/y styrene

Productsethylenepolyethylenepolypropylenestyrene

CompaniesLyondellBasell partner Bora Enterprise Group partner

Sectors#Specialty Chemicals #Plastics and Polymers

“LyondellBasell has signed a Memorandum of Understanding with China's Bora Enterprise Group to jointly own and operate a giant cracker and plastics complex in northeast China.”chemanager-online.com

1 source
chemanager-online.comLyondellBasell Signs MOU for Chinese Petchems Hub • CHEManager is the market-leading medium for the management of the chemical and pharmaceutical industrySep 8, 2019

Summarized from public sources; check the original articles before acting on it.

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