# LyondellBasell and partners plan $12B investment in Liaoning petrochemical complex

LyondellBasell and its Chinese partners plan to invest around $12 billion over ten years in a petrochemical complex in Liaodong Bay New Area, China. The complex includes a cracker, polyethylene, polypropylene, and butadiene plants, with an ABS system under construction.

- Type: Investment
- Announced: 2020-08-24
- Where: Liaodong Bay New Area, Liaoning, China
- Value: $12.0B
- Status: announced
- Products: polyethylene, polypropylene, butadiene, ABS
- 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)
- [Liaoning Bora Group](https://endata.com/companies/45933.md) (partner)

## Sources

- [process-worldwide.com](https://www.process-worldwide.com/billion-dollar-investment-lyondell-basell-is-upgrading-its-china-business-a-5af70f98d7f26e03aac85ed197dd5a17/), 2020-08-24: "Overall, Lyondell Basell and its Chinese partners plan to invest around 12 billion dollars (10.1 billion euros) in the site over the next ten years."

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