Ineos Styrolutıon Hosts Groundbreakıng Ceremony For Its New 600kt Abs Plant In Ningbo, China

The location of the new site was selected because of its extensive access to feedstock
supply options and excellent supply chain connection to customers. The new site is
expected to be operational by 2023.
The ground-breaking ceremony was hosted by Meizhu Fang, INEOS Styrolution APAC
Project Director. Attendees included local government and business leaders, engineering
and construction representatives, and several project service providers/partners.
“First, we want to thank the Ningbo Municipal
Government, Zhenhai District Government,
Sinopec Zhenhai Refining & Chemical Co.,
Ltd.,Ningbo Zhoushan Port Group, State Grid
Ningbo Power Supply Company and Ningbo
Petrochemical Economic and Technological
Development Zone administrative committee for
providing their very strong support as we embark on this exciting project for our company,”
said Steve Harrington, CEO INEOS Styrolution. “The successful completion of this project
will be a significant step forward for our ambitious growth plans in China and will allow us
to further serve our customers in their domestic market.”
Rob Buntinx, President Asia Pacific at INEOS Styrolution, added: “I am excited to see us
building a world-class ABS manufacturing plant here in Ningbo. ABS is a versatile high
performance styrenic resin. Its properties make it the material of choice for many everyday
products across industries, including automotive, electronics, household, healthcare and
toys/sports/leisure. This investment affirms our commitment to support the growth of our
customers in Asia.”

World Media Group (WMG) News Service