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“This investment is an important step in our growth strategy and our selection of LyondellBasell’s LDPE technology supports this position” said Alfred Stern, Vice President Innovation & Technology at Borealis, during the signing ceremony. “

Lupotech T provides best-in-class operating performance and combined with Borealis’ own, film and wire & cable technology, we can build on our leadership in value creation in Asia and the Middle East.”

 
Just Jansz, President of LyondellBasell’s Technology Business, commented: “This is our second polyethylene process technology licensed to Borealis in the last three years, which builds upon a solid relationship that will continue well into the future”. Jansz further added: “Lupotech T, now with a total of eight million tonnes per year of licensed capacity, is the clear market leader in high pressure tubular LDPE technology.”

Key features of Lupotech T technology include low manufacturing and investment costs, fast start-up and grade changes, and a broad product portfolio, which make it today’s technology of choice for the world-scale production of LDPE and EVA copolymers.