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The European Commission approved the creation of a 50:50 joint venture between Ineos and Sinopec for a 500,000 t/year high-density polyethylene (HDPE) plant in Tianjin, China. The deal is part of a broader agreement valued at around USD 7 billion.
“The European Commission approved the creation of a 50:50 joint venture between Ineos and Chinese group Sinopec on 26 August 2026, involving a 500,000 t/year high-density polyethylene (HDPE) plant in Tianjin, China.”polymeric.polimerica.it
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