# 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.

- Type: Partnership
- Announced: 2019-09-08
- Where: Panjin, China, China
- Status: announced
- Capacity: 1.1 million t/y cracker, 800,000 t/y PE, 600,000 t/y PP, 350,000 t/y styrene
- Products: ethylene, polyethylene, polypropylene, styrene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [LyondellBasell](https://endata.com/companies/1444.md) (partner)
- [Bora Enterprise Group](https://endata.com/companies/41942.md) (partner)

## Sources

- [chemanager-online.com](https://chemanager-online.com/en/news/lyondellbasell-signs-mou-for-chinese-petchems-hub), 2019-09-08: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
