"Today represents the launch of our latest innovation in plastics technology," said Bob Patel, LyondellBasell CEO. "The new Hyperzone PE plant will produce a better plastic that advances solutions to modern challenges, like protecting the purity of water supplies through stronger and more versatile pipes and ensuring the freshness of bulk foods by providing tough, crack-resistant containers for storage. This is truly a global effort developed by an international team, built to serve worldwide markets."

LyondellBasell is a global leader in the development and licensing of the polyolefin processes. The company plans to make the Hyperzone process technology available for licensing in the future. The technology took years to advance to commercialisation and was a product of LyondellBasell's global research and development teams in Ferrara, Italy; Frankfurt, Germany; Cincinnati, Ohio; and Houston, Texas.

The company chose to build the new plant at its existing La Porte Complex because of its proximity to price-advantaged US feedstocks and the transportation infrastructure needed to ship product to markets across the globe. The project will create up to 1000 jobs at the peak of construction and 75 permanent positions.

The La Porte Complex is one of LyondellBasell's largest manufacturing facilities spanning approximately 550 acres. The complex has two docks on the Houston Ship Channel and truck and rail transportation capabilities. Once the Hyperzone PE plant is complete, the La Porte Complex will more than double its annual PE capacity to 2 billion lbs (900 000 t). LyondellBasell currently produces a total of 7 billion lbs/y (3 million tpy) of HDPE, including its share of capacity through joint venture facilities. The company is a leading worldwide producer of all forms of PE with an annual capacity of 12 billion lbs (5 million t).

The Hyperzone PE plant is part of LyondellBasell's plan for US$3 – 5 billion of investments along the US Gulf Coast. The company recently completed work on ethylene expansion projects at its La Porte, Channelview and Corpus Christi sites in Texas. Additionally, development of a world-scale propylene oxide and tertiary butyl alcohol (PO/TBA) plant at the company's Channelview site is progressing and a final PO/TBA investment decision is expected in the second half of 2017.