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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

INEOS and SINOPEC form ABS joint venture · Endata

◂ Announcements

Jul 28, 2022PARTNERSHIPNingbo, China, China

INEOS and SINOPEC form ABS joint venture

INEOS and SINOPEC agreed to establish a 50:50 joint venture for ABS production, including a 600ktpa facility under construction in Ningbo and an additional 600ktpa of new capacity.

Status

Announced

Capacity

1.2 million tonnes per year

ProductsABS (Acrylonitrile Butadiene Styrene)

CompaniesSinopec partner INEOS partner China Petroleum & Chemical Corporation (Sinopec Group) partner

Sectors#Plastics and Polymers

“INEOS and SINOPEC will also establish a second 50:50 joint venture for ABS...”ineos.com

2 sources
ineos.comINEOS and SINOPEC sign three significant petrochemical deals with an aggregate value of $7bn.Jul 28, 2022
soci.orgSCI News - INEOS signs £5.7bn deal with Chinese Petroleum and Chemical CorporationAug 1, 2022

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

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Oct 31, 2022EXPANSIONChinaops Jan 2024
Sinopec's Gaoqiao Petrochemical to expand ABS plant capacity to 300,000 t/a
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Aug 3, 2022PARTNERSHIPNingbo, China, China
INEOS Styrolution and Sinopec form 50/50 ABS joint venture in China
Sinopec partner INEOS Styrolution partner modernplasticsglobal.com
Jul 28, 2022PARTNERSHIPNingbo, China, China
INEOS Styrolution and SINOPEC form JV for ABS plant in Ningbo, China
Sinopec partner INEOS Styrolution partner industryintel.com

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