LyondellBasell Grants Spheripol PP Technology License to SABIC Affiliate for a 525 KT Plant

Mo, 11 August 2008

Arabian Industrial Fibres company (Ibn Rushd), an affiliate of SABIC, has selected LyondellBasell Industries Spheripol process technology for a new 525 KT per year polypropylene plant in Yanbu, Kingdom of Saudi Arabia. Startup of this largest single Spheripol line ever licensed is expected in 2012.

"Ibn Rushd is a world-scale enterprise targeting superior economics and a broad and leading product portfolio, and Spheripol PP technology clearly emerged as the most suitable technology choice," said Khalil Ibn Salamah, Licensing Manager of SABIC.

He added, "Our selection of LyondellBasell's PP technology platform is a good basis for pursuing future projects of the SABIC group in polypropylene."

"SABIC's selection of LyondellBasell's PP technology highlights our long time leadership in polypropylene technology," said Just Jansz, President of LyondellBasell's Technology Business. "We are very pleased to build on our solid relationship with SABIC, enabling SABIC to achieve their Polypropylene growth ambitions, and further demonstrating the performance of our Spheripol and Spherizone process technologies in meeting future needs."