Shanghai Daoqin Plastics Co., Ltd.

3 month 6 day, full most large plastics, chemical industry and company LyondellBasell, and 辽宁宝 enterprise group most combined as agreement, formed 立50: 50 for and other combined enterprise, for China market add large investment.

基于该 combined as agreement, di will formed 立一家 in outer combined enterprise —宝 LyondellBasell chemical industry has company. combined enterprise will 运营一 year production capacity 110 10,000 tons ethylene understanding plant/unit and related polyolefin product 装. project China 盘锦, investment is 26 100 million USD, project expected 2020 year lower semi year positive start production.

“ China market for high quality polyolefin product demand large, meanwhile growth. ” LyondellBasell president/CEO 鲍勃·帕特尔认 is, “ LyondellBasell technology and 宝 运营 advantages strong/high strong/high combined, will is 当 客户 can production provide meet/satisfy market demand product. ”

LyondellBasell will 营销该 project polypropylene (PP) and high density polyethylene (PE) product, separation using/adopting LyondellBasell Spheripol and Spherizone polypropylene (PP) technology and Hostalen ACP polyethylene (PE) technology.

according to HIS Markit analysis, is full most large and growth most fast polyolefin market. China in polyolefin market ratio 60%, and table/sheet full 球40% market growth 份额. and polyolefin is LyondellBasell core technology product.

2019 year 9 month 5 day, LyondellBasell and 辽宁宝 enterprise group in 辽宁盘锦签订谅 understanding memorandum (MoU), for combined combined as formed toward.

LyondellBasell will in future several month for project 进行注资. combined enterprise formed will related 政府 审批, China market tube/pipe 理局进行 反垄断审查.