May 12 2005
CNOOC and Shell Petrochemicals Company Limited (CSPC), the largest Sino-foreign joint venture today in China, and Basell Polyolefins, a global polyolefins technology leader, are working together to meet the needs of the fast-growing polyolefins market in China. The companies will co-exhibit at ChinaPlas 2005, June 21 – 24 at the Guangzhou International Convention and Exhibition Centre (GICEC). The booth location is E802.
CSPC is constructing a world-scale petrochemicals complex in Guangdong Province that will include three polyolefin facilities utilizing Basell state-of-the-art process technologies. The three plants will have an annual total capacity of 690 KT -- 200 KT of high density and medium density polyethylene based on the Lupotech G process, 250 KT of low density polyethylene based on the Lupotech T process and 240 KT of polypropylene based on the Spheripol process. The plants are scheduled to come on-stream at the end of this year.
Basell will provide sales and marketing services for the polyethylene and polypropylene resins produced at the CSPC plants during the pre-production phase and for an initial period after the plant start-up.
“We look forward to working with Basell to serve polyethylene and polypropylene customers in China,” said Charles Ng, Commercial Director of CSPC. “This cooperation will form a strong synergy between CSPC’s domestic production, and Basell’s regional and local strengths in sales and marketing as well as product and technology leadership.”
Yves Bonte, Basell senior vice president for global supply and marketing, called the CSPC’s cooperative spirit and teamwork “extraordinary”. Bonte said, “We are very appreciative of the opportunity to work with CSPC during this incredibly dynamic time period in China.” Earlier this year Basell inaugurated its new advanced polyolefins plant in Suzhou Industrial Park, near Shanghai.
The Spheripol technology produces polypropylene homopolymer, random and heterophasic copolymers; Lupotech T is a high pressure tubular reactor process for the production of LDPE and EVA copolymers, and Lupotech G is a low-pressure gasphase process for the production of HDPE and MDPE. These Basell technologies produce high-performance polyolefins for applications in markets ranging from packaging and textiles to automotive and industrial.
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