LyondellBasell announces plans to expand this material, decoding the kingdom of olefins behind it.

Recently, LyondellBasell (LYB) announced plans to invest in expanding its propylene production capacity at the Channelview complex near Houston.

The new reaction device will use olefin metathesis technology to convert ethylene into propylene, which will further be used to produce polypropylene and propylene oxide. These are essential basic materials in daily life, widely used in industries such as food packaging, medical devices, automotive parts, aircraft de-icing fluids, building insulation materials, home decoration mats, and communication equipment.

Let's talk about the business empire of Leander Basel.

Among them, the German chemist Karl Ziegler mainly collaborated with Hoechst to commercialize his research results, while the Italian chemist Giulio Natta mainly worked with the Italian Montecatini Chemical Company.

Today’s chemical giants are one of the most important suppliers and technology licensors in the field of polyolefins.

LYB currently has approximately 19,300 employees worldwide and operates over 100 production bases or joint ventures in more than 100 countries. In 2023, the revenue was $41.1 billion, with a net profit of $2.12 billion and an EBITDA of $4.52 billion. The revenue, net profit, and EBITDA for 2022 were $50.5 billion, $3.89 billion, and $6.32 billion, respectively.

The main advantage businesses of Liande Basel.

LYBPPThe modified business holds the largest market share globally.PP、POPE+PPThe overall scale of the industry ranks third globally. Core assets and production capacity mainly involve ethylene, propylene, polyethylene, and polypropylene.POStyrene, etc.

LYB

In the field of olefins and polyolefins,LYB

2021LYB54%/SABICPE+PPLYB

LYBPE、PE+PP2021

LYB2021

LYB13%、PE+PP15%。LYB245PE、105LDPE、100PE、221PP695250

LYB

LYB

2022LYBEBITDA

2022EBITDA MARGIN

LYB8%2500PE+PP18%2700LYB405275230HDPE、1250LDPE、45LLDPE、685PP。

LYB

20233001807030PPPE8000PP+PE 30%。LYB20226.93EBITDA3.6610LYB100PPPE6000

LYB1955HostalenHDPE，1982SpheripolPP，1990Calalloy2002Spherizone，2023MoReTech

LYBSpheripol Spherizone Hostalen ACP HDPELupotech A - autoclave EVA/LDPELYB - Lupotech T - tubular LDPE EVA

SpheripolSpherizone SpherizoneSpherizone

Spheripol

Spheripol

Spheripol

Spherizone (MZCR)

Spherizone Spherizone

Spherizone

Spherizone

Catalloy()—CatalloyrTPO (Catalloy reactorthermoplastic polyolefins)。TPO

Catalloy(Ziegler-Nata)TPO TPO(rTPO)。

Catalloy

Catalloy rTPO 20~800MPar

: CatalloyrTPOAdHex(23)Adsyl(22)、Hifax(21)、Sofell(3)、Hifex(3) 72 Adfex、Adsyl HifaxrTPO

410

LYB