# EU clears Ineos-Sinopec joint venture for HDPE plant in Tianjin

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.

- Type: Acquisition
- Announced: 2026-08-26
- Where: Tianjin, China
- Status: announced
- Capacity: 500,000 t/year HDPE
- Products: high-density polyethylene (HDPE)
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Sinopec](https://endata.com/companies/1143.md) (partner)
- [INEOS](https://endata.com/companies/9807.md) (partner)

## Sources

- [polymeric.polimerica.it](https://polymeric.polimerica.it/articolo.asp?id=998), 2026-08-30: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.