IHS Chemical Week

Markets :: Plastics :: Polypropylene

LyondellBasell Inks Deal to Produce PP in India

1:39 PM MST | December 10, 2009 | Lindsey Bewley

LyondellBasell has inked a deal with Hyundai Engineering Plastics (HEP; Dangjin, South Korea) allowing HEP to use its technology to produce the company’s Hostacom- and Hifax-brand polypropylene resins at its Chennai, India facility. Marketing rights for these products will be retained by LyondellBasell, the company says. The deal expands an existing agreement between the two companies that began in 2006, in which LyondellBasell produces, markets and sells HEP’s Supol-brand polypropylene in North America and Europe.   “This cooperation...

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