INEOS
Assembly Line
Ineos forms JV with Sinopec for Chinese petrochemicals complex
UK-based chemical and energy group Ineos has signed an agreement to acquire a 50% stake in the Tianjin Nangang Ethylene Project in China from Sinopec. The joint venture (JV ) agreement will allow Sinopec to leverage Ineos’s technological knowledge and operational expertise, and expand Ineos’ presence in China.