Ineos and Sinopec Sign Significant $7B Petrochemical Deals
Ineos and Sinopec have signed three 'significant' petrochemical deals.
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Ineos and Sinopec have signed three 'significant' petrochemical deals.
... to serve rapidly growing markets in China Annual production of 1.2 million tons ABS FRANKFURT, Germany, July 29, 2022 /PRNewswire/ -- As part of the overall cooperation between INEOS and Sinopec[1], the two organisations today announce the formation of a 50/50 Joint Venture to produce and sell ABS[2]. The Joint Venture will build production of 1.2 million tonnes of ABS to supply the rapidly growing domestic market in China. The world-scale ABS plant in Ningbo[3], which is currently under construction by INEOS Styrolution and planned to become operational in 2023, will become part of the ne...
... to serve rapidly growing markets in China Annual production of 1.2 million tons ABS FRANKFURT, Germany, July 29, 2022 /PRNewswire/ -- As part of the overall cooperation between INEOS and Sinopec[1], the two organisations today announce the formation of a 50/50 Joint Venture to produce and sell ABS[2]. The Joint Venture will build production of 1.2 million tonnes of ABS to supply the rapidly growing domestic market in China. The world-scale ABS plant in Ningbo[3], which is currently under construction by INEOS Styrolution and planned to become operational in 2023, will become part of the ne...
February 01, 2021 SINGAPORE, Feb. 1, 2021 /PRNewswire/ -- INEOS Styrolution, the global leader in styrenics, today announces that it has been awarded the "2020 Public Welfare Practice Award" at the 10 th China Charity Festival held on 29 th January 2021, in Shanghai. INEOS Styrolution awarded “2020 PUBLIC WELFARE PRACTICE AWARD” Co-organized by over 35 Chinese mainstream media outlets including China.com, ChinaDaily.com.cn and Huanqiu.com, the annual China Charity Festival has been an influential platform for advocating philanthropic spirit and behaviors. The awards' judging panel co...
Ineos Styrolution holds groundbreaking for new ABS plant in Ningbo, China December 21, 2020 Canadian Plastics Photo Credit: Ineos Styrolution As part of its plan to expand into China, styrenics supplier Ineos Styrolution has broken ground on its new 600 kilotonne ABS (acrylonitrile butadiene styrene) plant located in the city of Ningbo. The development follows an earlier acquisition by Frankfurt, Germany-based Ineos of two polystyrene production sites in Ningbo and Foshan. In a Dec. 18 news release, Ineos officials said the location of the new site was selected bec...