# INEOS Styrolution and Sinopec form 50/50 ABS joint venture in China

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

- Type: Partnership
- Announced: 2022-08-03
- Where: Ningbo, China, China
- Status: announced
- Capacity: 1.2 million tonnes of ABS 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

- [modernplasticsglobal.com](https://www.modernplasticsglobal.com/ineos-styrolution-and-sinopec-announce-joint-venture-for-abs-in-china/), 2022-08-03: "The collaboration with Sinopec allows us to continue to grow in China in fast-forward mode."

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