LyondellBasell (LYB) Boosts PP Compounding Production in China
LYBLyondellBasell(LYB) ZACKS·2024-06-18 21:55

LyondellBasell Industries N.V. (LYB) recently announced the start-up of an additional manufacturing line at its Advanced Polymer Solutions ("APS") business in Dalian, China, thereby strengthening its presence there. The new production line will manufacture a diverse range of high-performance, high-quality polypropylene compounds, primarily for the automobile industry. The new production facility, with an annual capacity of 20,000 tons, will double the site's present production capacity, thus increasing the ...