Liaoning Bora Group and LyondellBasell sign $12B joint venture agreement

Liaoning Bora Group and LyondellBasell signed a joint venture agreement to form a 50:50 company, Bora LyondellBasell Petrochemical Co., Ltd., in Panjin, Liaoning. The project involves a total investment of $12 billion over 10 years, including 800,000 t/y polyethylene, 600,000 t/y polypropylene, and 350,000 t/y styrene units.

“近日，东北最大民营石化企业——辽宁宝来企业集团有限公司与世界500強企业利安德巴赛尔工业公司举行合资合作协议网络视频签约仪式。”wap.sinolub.com

• 1 source
• wap.sinolub.com又一超级石化项目在东北签订！总投资800多亿-行业趋势-中国润滑油信息网_润滑油行业门户_行业资讯_技术解析_市场研究-聚焦润滑油产业动态、技术进步、应用场景与市场趋势Mar 16, 2020

Summarized from public sources; check the original articles before acting on it.