INEOS Styrolution plans to build a world-scale ABS plant in Ningbo, China

Specifications:

Name:

INEOS Styrolution plans to build a world-scale ABS plant in Ningbo, China

Location:

Ningbo

Company:

INEOS

Estimated Cost:

-

Source:

ineos.com

Introduction:

INEOS Styrolution, the global leader in styrenics, has announced today plans to build a world-scale ABS plant in Ningbo, China.

Features:

The new production site will be adjacent to the recently acquired polystyrene plant in Ningbo.

Less than a year after announcing the acquisition of two polystyrene production sites in China, INEOS Styrolution embarks on plans to grow its production capacity in the country significantly. The company plans to construct a green field ABS plant adjacent to the Ningbo polystyrene site in the Zhejiang Province in Eastern China.

Its annual capacity is planned to be at 600,000 tonnes. Construction is planned to start in 2020, completion is expected in 2023.

“China is the biggest ABS market in the world. This new investment will give us a tremendous opportunity to provide our customers in the region with locally produced ABS grades,” Steve Harrington, President Asia-Pacific said.

Specifications:

Source: ineos.com