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Ineos and Sinopec will create a joint venture to build a high-density polyethylene plant with 500,000 tons per year capacity in Tianjin, expected to launch by end of 2023. At least two additional HDPE plants are planned.
“Ineos and Sinopec will create a joint venture with a 50:50 parity for the construction of a new plant for the production of high-density polyethylene with a capacity of 500 thousand tons per year in Tianjin.”kartli.ch
Summarized from public sources; check the original articles before acting on it.