LyondellBasell And Nippon Paint China Reach Strategic Cooperation

On March 24, LyondellBasell announced a strategic cooperation with Nippon Paint China to use recycled polymers to produce coatings and packaging. At the same time, Nippon Paint China announced the launch of new product packaging for its multi-series waterproof and interface agent products. The packaging will use LyondellBasell CirculenRecover polypropylene polymer, replacing the previously used 100% virgin polypropylene resin injection molding design. The two parties said that this cooperation will jointly promote the sustainable development of the coatings industry and create a new life with environmentally friendly colors.

LyondellBasell's CirculenRecover polypropylene polymer is made from the mechanical recycling of post-consumer plastic waste, helping to reduce plastic waste entering the environment, thereby driving a circular economy and increasing the sustainable value of consumer products. CirculenRecover polymers use an efficient recycling process to dispose of plastic waste and achieve a low carbon footprint, providing a sustainable and high-quality recycled plastic product used in applications such as personal care packaging , luggage, bottle caps and stoppers, etc.

Yu Jiayi, President of LyondellBasell Asia Pacific, said: "This cooperation is a beneficial attempt for us and Nippon Paint to fulfill our commitment to sustainable development. In cooperation with Nippon Paint, we use mechanically recycled polymers to jointly create new packaging for Nippon Paint Coatings. , bringing sustainable solutions to people’s lives and meeting consumer demand for products with low environmental impact.”

Bai Yi, President of Nippon Paint China Purchasing Headquarters, said: "Sustainable development is the corporate strategy that Nippon Paint adheres to. This cooperation with LyondellBasell is an important attempt for us in the field of sustainable development. It is believed that this move will lead the development trend of low-carbon and environmentally friendly packaging in the industry, and will also gain more and more consumers' recognition of the brand and the industry's consensus, contributing to the country's future dual-carbon development. contribute to the goal.”

LyondellBasell launched its Circulen portfolio last year, including CirculenRecover, CirculenReviv and CirculenRenew polymers. The portfolio is designed to advance the circular economy for plastics and support the company's goal of producing and selling 2 million tonnes of polymers derived from renewable feedstocks per year.