{"id":7001,"date":"2024-06-02T18:24:17","date_gmt":"2024-06-02T18:24:17","guid":{"rendered":"https:\/\/econoasia.com\/lyb-expands-core-pp-business-with-35-stake-in-natpet-from-alujain-in-saudi-arabia\/"},"modified":"2024-06-02T18:24:17","modified_gmt":"2024-06-02T18:24:17","slug":"lyb-expands-core-pp-business-with-35-stake-in-natpet-from-alujain-in-saudi-arabia","status":"publish","type":"post","link":"https:\/\/econoasia.com\/zh-hans\/lyb-expands-core-pp-business-with-35-stake-in-natpet-from-alujain-in-saudi-arabia\/","title":{"rendered":"LYB Expands Core PP Business with 35% Stake in NATPET from Alujain in Saudi Arabia"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<table name=\"logo_release\" border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/558633\/4732798\/LyondellBasell_Logo.jpg?p=medium600\" border=\"0\" alt=\"\" title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\"\/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span class=\"xn-location\">HOUSTON<\/span> and <span class=\"xn-location\">RIYADH, Saudi Arabia<\/span>, <span class=\"xn-chron\">May 30, 2024<\/span> \/PRNewswire\/ \u2014 LyondellBasell (LYB) and Alujain Corporation (Alujain) today announced completion of the acquisition of a 35% interest in Saudi Arabia\u2013based National Petrochemical Industrial Company (NATPET) by LYB from Alujain.<\/p>\n<p>The joint venture is enabled by LYB <i>Spheripol <\/i>polypropylene (PP) technology and positions LYB\u00a0to profitably expand its core PP business\u00a0by gaining access to advantaged feedstocks and additional product marketing volumes.<\/p>\n<p>\u201cThis investment in NATPET reflects our commitment to grow and upgrade our core businesses and strengthen our presence in <span class=\"xn-location\">Saudi&#8230;<\/span><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/portal.sina.com.hk\/finance\/finance-prnewswire\/prnasia\/2024\/05\/30\/859299\/lyb-expands-core-pp-business-with-35-stake-in-natpet-from-alujain-in-saudi-arabia\/\">\u6765\u6e90\u94fe\u63a5<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HOUSTON and RIYADH, Saudi Arabia, May 30, 2024 \/PRNewsw [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[458,1823],"tags":[],"class_list":{"0":"post-7001","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-hong-kong-stock-exchange-sehk","7":"category-hong-kong-stock-exchange-sehk-zh-hans"},"_links":{"self":[{"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/posts\/7001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=7001"}],"version-history":[{"count":0,"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/posts\/7001\/revisions"}],"wp:attachment":[{"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=7001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=7001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=7001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}