Cross-Linked Polyethylene Companies (2022-2023) Along With Major Strategic Developments
Cross-Linked Polyethylene Competition Analysis
Currently, the cross-linked polyethylene industry is dominated by LyondellBasell Industries Holding B.V., Borealis AG, and Dow Inc. The essential factors that have allowed these companies to hold major shares are their advanced technology and vast product range. Research and development activities are being undertaken by cross-linked polyethylene producers to enhance its durability, flexibility, and chemical resistance. The ability to go in parallel with the emerging market needs and sustained inventions is likely to regulate future accomplishments in the dynamic industry.
Top 5 Cross-Linked Polyethylene Companies
- Dow Inc.
- Borealis AG
- LyondellBasell Industries Holding B.V.
- Avient Corporation
- Exxon Mobil Corporation
Cross-Linked Polyethylene Key Players
- Dow Inc.
- Borealis AG
- LyondellBasell Industries Holding B.V.
- Avient Corporation
- Exxon Mobil Corporation
- Finproject S.p.A.
- SACO AEI Polymers
- HDC Hyundai EP Company
- 3H Vinacom Co. Ltd.
- PolyOne Corporation
- Hanwha Chemical Corporation
- Arkema Group
- AkzoNobel N.V.
- Falcone Specialities AG
- Solvay
- SILON s.r.o
- SABIC
- Armacell
- Charloma Inc.
- Sankhla Polymers Pvt. Ltd.
Cross-Linked Polyethylene Companies News
- In August 2023, Dow began a partnership with Mengniu, a dairy company, in China, to launch all-polyethylene yogurt pouches designed for recyclability. This innovation helps both companies’ commitment to achieving a circular economy in China.
- In October 2023, the Baystar joint venture of Borealis and TotalEnergies operationalized its new 625,000-metric-ton-per-annum Borstar polyethylene unit. With this unit coming online, the production capacity at Baystar’s Pasadena, Texas, site has become more than twice the original.
- In October 2020, LyondellBasell and Sasol signed an agreement to form an integrated polyethylene joint venture, through which LyondellBasell will acquire 50% of Sasol’s 1.5-million-ton ethane cracker, 0.9-million-ton LDPE & LLDPE plant, and associated infrastructure for a total consideration of USD 2 Billion.
- In October 2023, Avient Corporation added new flame-retardant grades to its Syncure cross-linked polyethylene formulations portfolio, which do not contain decabromodiphenyl ethane (DBDPE). The Syncure XLPE 200 Series is offered as an alternative flame-retardant for insulation for low-voltage wire and cable without compromising performance.
- In July 2021, SABIC and ExxonMobil announced that Gulf Coast Growth Ventures, their joint venture located near Corpus Christi, Texas, has achieved the mechanical completion of two polyethylene units and a monoethylene glycol unit. Project startup was likely in the fourth quarter of 2021, ahead of schedule.
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