· … to serve rapidly growing markets in China
· Annual production of 1.2 million tons ABS
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 new Joint Venture. This will provide a strong cornerstone
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