LyondellBasell / Sinopec: JV to manufacture propylene oxide and styrene monomer in China
On 25 January 2021, LyondellBasell, one of the largest plastics, chemicals and refining companies in the world and the China Petroleum & Chemical Corporation (Sinopec), one of the largest integrated energy companies in China, announced the signing of an agreement to form a 50:50 joint venture (JV) which will produce propylene oxide (PO) and styrene monomer (SM) in China’s domestic market. […]