Leander's withdrawal from Chinese companies in Iran and other countries may benefit from the fact that lyondellbaselindustries, the world's largest polyolefin producer, is about to end its business relationship with Iran, Sudan and Syria due to the fact that there are more and more simple bridges to be built in Iran
the recent US government sanctions against Iran may have an impact on LyondellBasell's decision, but it is not a decisive factor
lyondellbasell's business in Iran, Sudan and Syria is mainly to license propylene and other resin manufacturers to local juford motor company. The company's Spheripol brand PP technology has been widely used all over the worldLyondellBasell is headquartered in Rotterdam, the Netherlands, and has set up a large office in Houston, the United States. The company declined to provide details about its business relationships in these countries, nor would it disclose the specific types of licenses
lyondellbasel, therefore, we should carefully understand and then ask the product company and its predecessor to arakpetrochemicalco, a subsidiary of the state-owned Iranian National Petrochemical Company The company has granted polypropylene and polyethylene technology licenses for many years. APC has a large petrochemical plant in Arak, Iran
balajisingh and Amy, market analysts from American chemical market resources company (CMR) in Houston, believe that considering the political turmoil in Iran, LyondellBasell cannot actually prevent its licensees from stopping the production of PP based on its technology. LyondellBasell can stop supplying Iranian enterprises with the catalyst required for PP production, but these companies can then purchase similar catalysts from other enterprises, such as China's plastics and chemical production giant Sinopec, which has expanded its catalyst business in recent years. Singh, head of CMR, said that the main experimental force F1 (n) is American Chemical Company ace and albemarlecorp The company, as well as BASF Group, a German chemical giant, produce similar catalysts, but it is unlikely to supply products to Iranian enterprises due to U.S. sanctions against Iran
swamy said, "this decision is likely to make Sinopec a beneficiary."
swamy said that in addition, buying aluminum catalyst additives may be a greater challenge in front of us, and such additives are also indispensable in PP production. Albemarle, Chemtura of the United States and akzonobelnv of the Netherlands also produce catalyst additives, but they cannot be sold to Iran for political reasons
in this way, only PetroChina group, the Chinese supplier of such additives, is left. However, swamy believes that PetroChina may not be able to supply enough catalyst additives to Iranian PP producers to continue to produce products based on LyondellBasell technology
however, the supply problems related to catalyst additives are expected to be solved in early 2012, when Saudi Basic Industries and Albemarle will establish a joint venture in Saudi Arabia. Swamy said that although Albemarle of the United States will hold half of the shares of the joint venture, the new company may still supply Iranian customers because it is located outside the United States
the catalyst market has undergone earth shaking changes in the past decade. Now resin manufacturers have begun to buy catalysts from many suppliers, not limited to the enterprises that grant technology licenses to them
swamy said, "manufacturers do not want to maintain contact with licensors, especially in the case of social and political problems that may arise in other parts of the world."
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