LyondellBasell JV starts up USD2.6-billion petchem complex in China
07.09.2020
MOSCOW (MRC) -- LyondellBasell and Liaoning Bora Enterprise Group have commenced operations at their 1.1-million metric tons/year ethylene plant and associated polyolefins complex at Panjin in Liaoning Province, northeastern China, reported Chemweek. The cost of the project is approximately USD2.6 billion.The two companies in September 2019 established a 50/50 joint venture (JV), Bora Lyo