Lotte Daesan Petrochemical Co. Ltd. has selected Basell's Spherizone technology for a new 250,000 tpa polypropylene plant to be built at Daesan, South Korea. Start up of the plant is planned for Q4-2008. The Spherizone process is an advanced manufacturing process for the production of polypropylene, using a unique, state-of-the-art, multi-zone circulating reactor system. Spherizone plants can produce the full range of polypropylene grades, as well as new families of propylene based polymers.
Lotte is the Basell's second Spherizone licensee this month, and globally the seventh plant to be built with this technology. Almost 2 mln tons of capacity has already been licensed since the Spherizone process was commercialized about three years ago, reflecting the industry trend to seek additional value through product differentiation.