# INEOS Styrolution and Sinopec form ABS joint venture in China

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.

- Type: Partnership
- Announced: 2022-07-28
- Where: Ningbo, China
- Status: announced
- Capacity: 1.2 million tonnes/year
- Products: ABS (acrylonitrile butadiene styrene)
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Sinopec](https://endata.com/companies/1143.md) (partner)
- [INEOS Styrolution](https://endata.com/companies/4374.md) (partner)

## Sources

- [ineos.com](https://www.ineos.com/businesses/ineos-styrolution/news/ineos-styrolution-and-sinopec-announce-joint-venture-for-abs-in-china/), 2022-07-28: "The joint venture will build production of 1.2 million tonnes of ABS to supply the rapidly growing domestic market in China."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.