# Levima Advanced Materials and Wison CIC form JV for POE project

Levima Advanced Materials and Wison (China) Investment Co., Ltd. jointly established Levima Wison (Jiangsu) Advanced Materials Co., Ltd. to build a 300,000 tons/year POE project in phases. Levima invested 455 million yuan (65%) and Wison CIC invested 245 million yuan (35%).

- Type: Partnership
- Announced: 2023-08-23
- Where: Changzhou City, Jiangsu, China
- Value: $96.0M (700.0M CNY)
- Status: announced
- Capacity: 300,000 tons/year POE
- Products: POE (polyolefin elastomer), photovoltaic film materials, toughening materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Levima Advanced Materials](https://endata.com/companies/72220.md) (partner)
- [Wison (China) Investment](https://endata.com/companies/72221.md) (partner)

## Sources

- [levima.cn](http://levima.cn/EN/article/672.html), 2023-08-24: "Levima Advanced Materials invested 455 million yuan, accounting for 65% of the registered capital of the joint venture company."

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