PetroChina Company Ltd., China's largest oil and petrochemical company has shortlisted Basell's Hostalen technology for two new high density polyethylene plants coming up in China. The two plants, start up of which is expected to be in 2011, include a 300,000 tpa plant in Chengdu, Sichuan province, and a 350,000 tpa plant in Fushun, Liaoning province, China. Basell?s Technology Services group has also been working closely with PetroChina to optimize products for special market requirements on their existing Hostalen process plant in Jilin province, China. This order further reinforces the Hostalen process? leading position in slurry technology for the manufacture of bi-modal HDPE products, with 6 million tons of licensed capacity worldwide. The main drivers for this growth have been the ability of the process to produce a broad product range for demanding applications, with renowned operational stability.
