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INEOS Styrolution and Sinopec announced a 50/50 joint venture to produce and sell ABS in China, with annual production of 1.2 million tonnes. The world-scale ABS plant in Ningbo, under construction and planned to become operational in 2023, will be part of the JV.
“The joint venture will build production of 1.2 million tonnes of ABS to supply the rapidly growing domestic market in China.”ineos.com
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