Lyondell Chemical, Houston, TX, announced that its joint venture Equistar Chemicals, LP, is entering into a long-term propylene supply arrangement with Sunoco, and is selling its Bayport, TX, polypropylene manufacturing unit in Pasadena, TX, to Sunoco, subject to certain conditions. (Contracts, Licenses).Lyondell Chemical, Houston, TX, announced that its joint venture Equistar Chemicals, LP, is entering into a long-term propylene propylene /pro·pyl·ene/ (pro´pi-len) a gaseous hydrocarbon, CH3CHdbondCH2. propylene glycol a colorless viscous liquid used as a humectant and solvent in pharmaceutical preparations. supply arrangement with Sunoco, and is selling its Bayport, TX, polypropylene polypropylene (pŏl'ēprō`pəlēn), plastic noted for its light weight, being less dense than water; it is a polymer of propylene. It resists moisture, oils, and solvents. manufacturing unit in Pasadena, TX, to Sunoco, subject to certain conditions. Equistar will supply propylene to Sunoco for a period of 15 years, and a majority of the propylene to be supplied will be provided under a cost-based formula. Equistar is selling its Bayport polypropylene unit to Sunoco, but will retain ownership of its Bayport low-density polyethylene low-density polyethylene n. Abbr. LDPE A form of polyethylene having many side branches off the main carbon backbone and a less closely packed structure than that of high-density polyethylene. (LDPE LDPE abbr. low-density polyethylene ) unit. Sunoco will operate both units. |
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