# Levima New Materials and Wison form joint venture for POE project in China

Levima New Materials Technology and Wison (China) Investment formed a 65:35 joint venture, Levima Wison (Jiangsu) New Materials, to build a 300,000-ton-per-year polyolefins elastomers (POE) project in China, with 100,000 tons in the first phase.

- Type: Partnership
- Announced: 2023-09-26
- Where: China
- Status: announced
- Capacity: 300,000 tons per year (100,000 tons first phase)
- Products: polyolefins elastomers (POE)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Levima Wison (Jiangsu) New Materials](https://endata.com/companies/72813.md)
- [Wison (China) Investment](https://endata.com/companies/72221.md) (partner)
- [Levima New Materials Technology](https://endata.com/companies/72812.md) (partner)

## Sources

- [industrialinfo.com](https://www.industrialinfo.com/news/article/china-readies-for-us55-billion-on-polyolefin-projects--323981), 2023-09-24: "The joint venture plans to build a 300,000-ton-per-year POE project, with 100,000 tons to be built in the first phase."

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