LyondellBasell grants Lupotech T license to Borealis for 350 KT per year LDPE plant

Borealis AG has selected LyondellBasell`s Lupotech T technology for a new 350 KT per year low density polyethylene (LDPE) plant; start-up is expected in 2013.

- This investment is an important step in our growth strategy and our selection of LyondellBasell`s LDPE technology supports this position - said Alfred Stern, Vice President Innovation & Technology at Borealis, during the signing ceremony.

Lupotech T provides best-in-class operating performance and combined with Borealis` own, film and wire & cable technology, we can build on our leadership in value creation in Asia and the Middle East.

Just Jansz, President of LyondellBasell`s Technology Business, commented: - This is our second polyethylene process technology licensed to Borealis in the last three years, which builds upon a solid relationship that will continue well into the future.

Jansz further added: - Lupotech T, now with a total of eight million tonnes per year of licensed capacity, is the clear market leader in high pressure tubular LDPE technology.

Key features of Lupotech T technology include low manufacturing and investment costs, fast start-up and grade changes, and a broad product portfolio, which make it today`s technology of choice for the world-scale production of LDPE and EVA copolymers.

In addition to the Lupotech T process, LyondellBasell`s portfolio of licensed polyolefin technologies and associated technical services is comprised of: Lupotech A - high pressure autoclave process for the production of specialty LDPE and EVA copolymers; Spherilene - advanced swing-gas-phase process for the production of LLDPE, MDPE and monomodal and bimodal HDPE; Hostalen - leading low-pressure slurry process for the production of high-end multimodal HDPE; Spheripol - leading polypropylene technology for the production of homopolymer, random and heterophasic copolymers; Spherizone - latest-generation polypropylene technology, based on a multi-zone reactor for the production of polypropylene and novel polyolefins; Metocene PP - innovative add-on technology for the production of specialty polypropylene products using single-site catalyst systems.

LyondellBasell Industries is one of the world`s largest polymers, petrochemicals and fuels companies. Borealis and Borouge are leading providers of innovative, value creating plastics solutions.