ROTTERDAM, the Netherlands
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September 26, 2022
(press release)
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LyondellBasell (NYSE: LYB) announced today that Hanwha Solutions Corporation (Hanwha) will use the LyondellBasell Lupotech T high-pressure polyethylene technology at a new site in Yeosu, South Korea. The Lupotech T process technology will be used for a 300 kiloton per year (KTA) vinyl acetate copolymer (EVA) line. “Hanwha is an experienced producer of LDPE and EVA resins in South Korea and we are excited that Hanwha opted for the Lupotech T process to expand their production capacity with this significant award,” said Neil Nadalin, Director Global Licensing and Services at LyondellBasell. Nadalin added, “When it comes to a high-pressure LDPE technology capable of producing the full spectrum of EVA and LDPE grades, the Lupotech T process is the ultimate choice for operators around the world in today’s fast-changing market.” “We expect Hanwha to be a global top tier in the EVA market through this project,” said Youngchul Kwon, Head of Corporate Business Development Office at Hanwha Solutions. Kwon added, “The Lupotech T process is highly reliable for its operability, productivity and quality.” Decades of experience in high-pressure application design makes the Lupotech T process the preferred technology for LDPE/EVA plant operators. High conversion rates, demonstrated high plant availability and effective process heat integration are key attributes of the Lupotech T process, designed to ensure this technology’s energy efficiency. More than 14 million tons of the Lupotech T process for LDPE/EVA production capacity has been licensed by LyondellBasell in over 70 lines around the world. Licensees can take advantage of LyondellBasell’s in-house expertise of continuous production improvement, product development according to the latest environmental regulations and LyondellBasell’s knowhow in high pressure design, by optionally joining our Technical Service program. In addition to the Lupotech T process technology, the LyondellBasell portfolio of licensed polyolefin processes and catalysts includes: Hostalen – Leading low-pressure slurry process for the production of high-performance multimodal high-density polyethylene (HDPE). Spherilene – Flexible gas phase process technology for the production of linear low-density polyethylene (LLDPE), medium-density polyethylene (MDPE) and HDPE. Spherizone – The breakthrough multi-zone circulating reactor provides a unique and innovative platform to manufacture polypropylene products with novel architecture and enhanced properties. Spheripol – The leading polypropylene (PP) process technology with more than 30 million tons of licensed capacity. With globally recognized quality grades featuring leading monomer yield and investment costs to make it the technology of choice. Metocene PP – Innovative add-on technology for the production of specialty polypropylene products using single-site catalyst systems. Avant – Advanced Ziegler-Natta, including non-phthalate, chromium and metallocene catalysts for entire range of polyolefin production. About LyondellBasell: Hostalen, Lupotech, Lupotech T, Spherizone, Spherilene, Spheripol, Metocene and Avant are trademarks owned and/or used by the LyondellBasell family of companies.
As a leader in the global chemical industry, LyondellBasell strives every day to be the safest, best operated and most valued company in our industry. The company’s products, materials and technologies are advancing sustainable solutions for food safety, access to clean water, healthcare and fuel efficiency in more than 100 international markets. LyondellBasell places high priority on diversity, equity and inclusion and is Advancing Good with an emphasis on our planet, the communities where we operate and our future workforce. The company takes great pride in its world-class technology and customer focus. LyondellBasell has stepped up its circularity and climate ambitions and actions to address the global challenges of plastic waste and decarbonization. In 2022, LyondellBasell was named as one of FORTUNE Magazine's "World's Most Admired Companies" for the fifth consecutive year. For more information, please visit www.lyondellbasell.com or follow @LyondellBasell on LinkedIn.
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