◂ Announcements

Apr 13, 2021PARTNERSHIPNingbo, Zhejiang, China

LyondellBasell and Sinopec form JV for PO/SM plant in Ningbo

LyondellBasell and Sinopec signed an agreement to form a 50:50 joint venture, Ningbo ZRCC LyondellBasell New Material Company Limited, to produce 275,000 tonnes/year of propylene oxide and 600,000 tonnes/year of styrene monomer in Ningbo, China. Production is expected to start by the end of 2021.

Status

Announced

Capacity

275,000 tonnes/year of PO and 600,000 tonnes/year of SM

Productspropylene oxidestyrene monomer

CompaniesLyondellBasell partner China Petroleum & Chemical Corporation (Sinopec Group) partner

Sectors#Specialty Chemicals #Plastics and Polymers

“随着中国经济的持续增长，环氧丙烷和苯乙烯单体的需求也将不断增长。”soliao.com

1 source
soliao.com利安德巴赛尔与中石化成立新材料公司，预计2021年底投产_塑料资讯_塑料行业新闻-搜料|工程塑料超市Apr 13, 2021

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

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