“The global automotive industry is experiencing rapid growth and transformation, especially in the new energy vehicle sector, and China has emerged as a significant player in this market,” said Torkel Rhenman, Executive Vice President Advanced Polymer Solutions of LyondellBasell. “With a renewed focus on value creation and speed to market supported by our dedicated teams, APS is positioned to excel in this dynamic market with the additional capacity of a comprehensive portfolio and innovative products.”

“The start-up of the new production line marks another milestone in our ongoing commitment to China market,” said Rolf van Beeck, Vice President of Advanced Polymer Solutions APAC and AfMEI of LyondellBasell. “We see great opportunities to accelerate the growth of our business here, and we keep investing in this market. We will continue to provide best-in-class products and services to our customers while promoting circularity through collaborations and our Circulen portfolio.”

“The new production line marks Dalian site’s progress in increasing capacity and automatic operation, and it can contribute to the long-term scalable development,” said Brian Jiang, Director of Advanced Polymer Solutions APAC Manufacturing of LyondellBasell. “I believe this new addition will also motivate our colleagues to actively engage in the operations of two production lines to meet the growing demand of local customers with faster response.”

Established in 2015, the Dalian site can produce 80,000 tonnes of PP compounded products at full capacity with four production lines, suppling to end applications including bumpers, instrument panels, interior trims, under-the-hood applications or structural parts and body panels for the automotive industry. Currently, the APS business operates five sites in China, with a portfolio of PP compounding, engineered plastics and masterbatch products.

Note: The content of this press release has not been edited by Fibre2Fashion staff.

Fibre2Fashion News Desk (RM)