03 April 2013 12:11 [Source: ICIS news]
LONDON (ICIS)--LyondellBasell’s process technologies have been selected by China-based Jiangsu Sailboat Petrochemical for a new low density polyethylene (LDPE) and ethylene vinyl acetate (EVA) plant scheduled to be built in Lianyungang, China, the Netherlands-registered chemicals major said on Wednesday.
Financial details of the contract were not disclosed.
The plant will have a total plant capacity of 300,000 tonnes/year of LDPE and EVA, the company added.
LyondellBasell said LDPE and EVA polymers are in high demand in China, driven by an increasing need for consumer items ranging from shoes to specialty films.
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