INEOS Styrolution and SINOPEC form JV for ABS plant in Ningbo, China

INEOS Styrolution and SINOPEC announced a 50/50 joint venture to produce and sell ABS. The JV will include a world-scale ABS plant in Ningbo, China, with a capacity of 1.2 million tonnes per year, currently under construction and planned to become operational in 2023.

“The joint venture will build production of 1.2 million tonnes of ABS to supply the rapidly growing domestic market in China.”industryintel.com

• 1 source
• industryintel.comIneos Styrolution announces plans for joint ABS production plant with SINOPEC in Ningbo, China; site will have capacity of 1.2 million tonnes/year to serve rapidly growing domestic marketAimee BellahJul 28, 2022

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