Wanrong New Materials (Fujian)

Wanhua Chemical, through its subsidiary Wanrong New Materials, signed a project cooperation agreement with a consortium of ADNOC, Borealis and Borouge to form a 50:50 joint venture and conduct a feasibility study for a specialty polyolefins integrated facility in Fuzhou, Fujian province, China.

Borouge, ADNOC, Borealis and Wanhua Chemical Group signed a project collaboration agreement for a feasibility study to develop a 1.6 million tons per year polyolefin complex in Fuzhou, China.