With an aim to expand its presence in the China market, Lyondell Basell has signed definitive agreements with Liaoning Bora Enterprise Group. Under the terms of the agreement, the joint venture will produce polypropylene and high-density polyethylene in the Asian country.
Lyondell Basell announced the cooperation with Karlsruhe Institute of Technology (Kit) to advance the chemical recycling of plastic materials. The focus of the venture is to develop a new catalyst and process technology to decompose post-consumer plastic waste, such as packaging into monomers for reuse in polymerization processes.
Lyondell Basell and Odebrecht, the controlling shareholder of Braskem announced in a joint statement that they have entered into exclusive discussions regarding a potential transaction between Lyondell Basell and Braskem.
Fluor was selected by Lyondell Basell to perform the engineering and procurement for its propylene oxide (PO) and tertiary butyl alcohol (TBA) project located at its Channelview and Bayport complexes outside of Houston.
Liaoning Bora Petrochemical has selected Lyondell Basell’s polypropylene (PP) and polyethylene (PE) technologies for three new plants in its new petrochemical complex in Panjin, Liaoning Province, China.