LyondellBasell Expands PP Compounding Production in China
06.27.2024 By Tank Terminals - NEWS

June 27, 2024 [LyondellBasell]- LyondellBasell (LYB) announced today the start-up of an additional production line at the Dalian site of its Advanced Polymer Solutions (APS) business, further expanding its presence in China. The new production line will produce a wide range of high-performance, high-quality polypropylene compounds, mainly supplying the automotive industry. As the second production line at the Dalian site, with an annual capacity of 20,000 tonnes, the new production line will double the site’s current production capacity, enhancing the company’s ability to meet the growing market demand.

 

“The global automotive industry is experiencing rapid growth and transformation, especially in the new energy vehicle sector, and China has emerged as a significant player in this market,” said Torkel Rhenman, Executive Vice President Advanced Polymer Solutions of LyondellBasell. “With a renewed focus on value creation and speed to market supported by our dedicated teams, APS is positioned to excel in this dynamic market with the additional capacity of a comprehensive portfolio and innovative products.”

“The start-up of the new production line marks another milestone in our ongoing commitment to China market,” said Rolf van Beeck, Vice President of Advanced Polymer Solutions APAC and AfMEI of LyondellBasell. “We see great opportunities to accelerate the growth of our business here, and we keep investing in this market. We will continue to provide best-in-class products and services to our customers while promoting circularity through collaborations and our Circulen portfolio.”

“The new production line marks Dalian site’s progress in increasing capacity and automatic operation, and it can contribute to the long-term scalable development,” said Brian Jiang, Director of Advanced Polymer Solutions APAC Manufacturing of LyondellBasell. “I believe this new addition will also motivate our colleagues to actively engage in the operations of two production lines to meet the growing demand of local customers with faster response.”

Established in 2015, the Dalian site can produce 80,000 tonnes of PP compounded products at full capacity with four production lines, suppling to end applications including bumpers, instrument panels, interior trims, under-the-hood applications or structural parts and body panels for the automotive industry. Currently, the APS business operates five sites in China, with a portfolio of PP compounding, engineered plastics and masterbatch products.

 

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