# 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.

- Type: Partnership
- Announced: 2022-07-28
- Where: Ningbo, China, China
- Status: announced
- Capacity: 1.2 million tonnes per 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

- [industryintel.com](https://www.industryintel.com/news/ineos-styrolution-announces-plans-for-joint-abs-production-plant-with-sinopec-in-ningbo-china-site-will-have-capacity-of-1-2-million-tonnes-or-year-to-serve-rapidly-growing-domestic-market-157508656272), 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."

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