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Shanghai Petrochemical and Baling Petrochemical, subsidiaries of Sinopec, will establish a joint venture called Shanghai Jinshan Baling New Material Co. to produce styrene-based plastics and elastomers, with an investment of 800 million renminbi ($123.8 million).
“Sinopec says that its subsidiaries Shanghai Petrochemical and Baling Petrochemical will establish a joint venture (JV) to produce styrene-based plastics and elastomers.”chemweek.mydigitalpublication.com
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