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Ningbo ZRCC LyondellBasell New Material Company Limited

Company Summary

Description

LyondellBasell & Sinopec have signed a 50/50 joint venture to produce propylene oxide (PO) and styrene monomer (SM) for the domestic Chinese markets.  As announced in December 2019, they will operate under Ningbo ZRCC LyondellBasell New Material Company Limited.

To make this happen, Ningbo will build a new PO & SM unit in Zhenhai Ningbo, China, capable of producing 275 kilotons per annum of PO and 600 KTA of SM.  The startup will begin by late-2021.  

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  • 1/27/2021 - LyondellBasell & Sinopec... (subscriber access)