Canvas Category OEM : Petroleum and Coal
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.
Why ExxonMobil, Sinopec and Dow Are Betting On Plastic
Five companies make a quarter of world’s single use plastics
The top 5 companies created roughly 26 million metric tones of plastic waste fueled by demand of the United States and China.