# Ineos to invest $800M in ABS plant in Ningbo, China

Ineos Ltd. plans to build a wholly owned plant in Ningbo, China, to produce ABS plastic. The investment is approximately $800 million.

- Type: New facility
- Announced: 2020-01-08
- Where: Ningbo, China
- Value: $800.0M
- Status: announced
- Products: ABS plastic
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

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

## Sources

- [wsj.com](https://www.wsj.com/articles/british-chemical-giant-ineos-to-invest-800-million-in-a-new-chinese-plant-11578480660), 2020-01-08: "Ineos Ltd., one of the world’s largest chemical producers, is nearing an $800 million investment in a new plant in 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.