LyondellBasell Licenses Hostalen Technology to Chinese Company

LyondellBasell says it has granted a Hostalen ACP process technology license to Shaanxi Yanchang Petroleum Yanan Energy and Chemical (Yanan, China) for its new high density polyethylene (HDPE) plant in Shaanxi Province, China. The new HDPE plant is scheduled to start up in 2014. “This is the largest capacity Hostalen ACP multi-modal process technology that we have ever licensed, further demonstrating the competitive economics for producing leading HDPE resins,” says Bob Patel, senior v.p./echnology at LyondellBasell. Features of the Hostalen ACP...

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