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Ineos and Sinopec will create a joint venture to build an ABS plant with 600,000 tons per year capacity in Ningbo, planned to be commissioned by end of 2023. Two additional 300,000-ton ABS plants are also planned.
“The ABS plant with a capacity of 600 thousand tons per year in Ningbo, which is planned to be commissioned by the end of 2023, will become part of the joint venture.”kartli.ch
Summarized from public sources; check the original articles before acting on it.