LyondellBasell and Sinopec finalize joint venture for PO and SM production in China

LyondellBasell and Sinopec signed an agreement to form a 50:50 joint venture named Ningbo ZRCC LyondellBasell New Material Company Limited to produce propylene oxide (PO) and styrene monomer (SM) in Zhenhai Ningbo, China. The new unit will have 275 KTA capacity of PO and 600 KTA capacity of SM, using LyondellBasell's PO/SM technology.

“As China's economy continues to grow, so will demand for propylene oxide and styrene monomer.”lyondellbasell.com

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• lyondellbasell.comLyondellBasell and Sinopec finalize joint venture to manufacture propylene oxide and styrene monomer in ChinaJan 26, 2021

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