Hainan Baling Chemical New Material

Sinopec subsidiary Hainan Baling Chemical New Material has started up a $280 million styrene-butadiene copolymer (SBC) plant in China, with annual capacity of 120,000 metric tons for SBS and 50,000 t for SEBS. Sinopec says the expansion makes it the world's largest producer of SBC.

Sinopec's subsidiary Hainan Baling Chemical New Material Co., Ltd. launched production of a styrene-butadiene copolymer (SBC) project in Hainan, China, with an annual capacity of 170,000 tons. The project cost 1.924 billion yuan ($279.74 million).