Ineos and Sinopec Open New ABS Facility in China
Ineos Styrolution, a styrenics producer, has opened a new world-scale ABS (acrylonitrile butadiene styrene) facility located in Ningbo, China, together with its joint venture partner Sinopec. The facility has an annual nameplate capacity of 600,000 tons.
“Ineos Styrolution is committed to growing in China, the world’s largest ABS market,” said Steve Harrington, CEO Ineos Styrolution. “The completion of our new ABS facility in Ningbo using our world-class Terluran ABS technology is an important milestone, as we embark on a new stage in this exciting journey with Sinopec to further strengthen our position in the Chinese ABS market.”
“This facility was constructed under a challenging environment in the midst of a global pandemic. Its successful unveiling today reflects the unwavering support from the Government authorities and the tenacious “can-do” attitude of the entire project and operations team,” added Meizhu Fang, CEO Ineos Styrolution Sinopec Advanced Materials.
The construction of this ABS facility in Ningbo began in late 2020. Spanning 26.7 hectares, this facility will produce high-end ABS materials that advance the design and functionality of many applications across numerous industry sectors including automotive, electronics, household, healthcare, and toys/sports/leisure, for the rapidly growing domestic market in China.
