Basell Technology to be Used in New Polypropylene Plant for South Korea

Lotte Daesan Petrochemical Co. Ltd. has selected Basell’s Spherizone technology for a new 250 KT per year polypropylene plant to be built at Daesan, South Korea. Start up is planned for the fourth quarter of 2008.

The Spherizone process is an advanced manufacturing process for the production of polypropylene. It uses a unique, state-of-the-art, multi-zone circulating reactor system. Spherizone plants can produce the full range of polypropylene grades, as well as new families of propylene based polymers.

“The unprecedented interest in our new Spherizone technology reflects the industry trend to seek additional value through product differentiation,” said Just Jansz, president of Basell’s Technology Business. “Lotte is the second Spherizone license granted this month, and the seventh plant to be built with this technology. Nearly two million tons of capacity has already been licensed since the Spherizone process was commercialized less than three years ago.”