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LyondellBasell widens cooperation with Hyundai in India

December 18/2009

December, 18 (plasteurope.com) -- In a step towards realising its investment plans in India, LyondellBasell (Rotterdam/The Netherlands) has signed an agreement with Hyundai Engineering Plastics (HEP, Dangjin-Gun/South Korea) to manufacture its Hostacom and Hifax polypropylene compounds at HEPs plant in Chennai, Tamil Nandu/India. 


The agreement widens the existing cooperation between the two companies, dating back to 2006, when LyondellBasell undertook to produce, market and sell HEPs Supol materials in North America and Europe.





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      MRC Reference

LyondellBasell.  The share in the Russian market in 2008:
 PE  - 1.4% (including HDPE - 2.5%, LDPE 0.3%);
 PP 4.1% (including block-copolymers - 9.5%).

Annual sales growth in Russia, during the recent 5 years:
 PE - 27%;
 PP 88%.

The leader in the following polymers processing technologies:

 pipe extrusion;

 film extrusion;

 injection molding.



 

 

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