INEOS and SINOPEC sign three significant petrochemical deals with an aggregate value of $7bn

– – • These transactions establish a very large footprint for INEOS in China. – – • The agreements will have a combined capacity of 7 million tonnes per annum, generating a turnover of around $10bn. The three deals are: – – – SECCO joint venture.� INEOS will acquire 50% of Shanghai SECCO Petrochemical Company Limited (“SECCO”). SECCO has a capacity of 4.2 million tonnes of petrochemicals including ethylene, propylene, polyethylene, polypropylene, styrene, polystyrene, acrylonitrile, butad…

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Source: Webwire.com
INEOS and SINOPEC sign three significant petrochemical deals with an aggregate value of bn