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Lyondell Basel acquires PolyPacific Polymers in Malaysia

 Last Update: 2021-08-06
 Source: Internet
 Author: User

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Sinochem News, according to the hydrocarbon processing website, July 1st.
Lyondell Basel is one of the world's largest plastics, chemical and oil refining companies.
It has acquired 100% of PolyPacific Polymers Sdn.
Bhd.
(PPM) in Port Klang, Malaysia.
Of shares
.

PPM is a 25 kt plant that produces reinforced and modified polyolefin compounds
.

After the completion of the acquisition, the factory will be renamed and its employees will become Lyondell Basel employees
.

PPM will continue to produce and provide ongoing business products to its customers

Jim Guilfoyle, Executive Vice President of Advanced Polymer Solutions and Supply Chain at Leon de Basel, said: "Thank you to PolyPacific Pty employees for their business and reputation over the past four decades, and wish them continue to operate their Australian compounding business in Melbourne.

.

We are very happy to be able to obtain the value of PPM within the scope of APS Asia.

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