China Readies for US$5.5 Billion on Polyolefin Projects

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Researched by Industrial Info Resources (Sugar Land, Texas)--Levima New Materials Technology (Beijing, China) and Wison (China) Investment (Shanghai, China) recently formed a joint venture, Levima Wison (Jiangsu) New Materials (Beijing), to develop polyolefins elastomers (POE). The joint venture between Levima New Materials and Wison will be 65:35, respectively.

The joint venture plans to build a 300,000-ton-per-year POE project, with 100,000 tons to be built in the first phase. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can read more in a detailed project report.

POE are copolymers based on metallocene catalysis, utilizing butene or octene comonomers. Key characteristics of POE include their low hardness, low density, high impact and high toughness.

Industrial Info is tracking 17 active POE projects across China, valued about US$6.2 billion. Subscribers can click here for a list of detailed project reports, click here for a list of related plant profiles.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).