INEOS & Tianjin to build acrylonitrile plant in China

The Group had sales of over $11 billion (2012). The company markets a wide range of products including propylene and Acrylonitrile Butadiene Styrene (ABS) “I am very pleased that we have reached an agreement with INEOS. This important partnership is consistent with Tianjin Bohai Chemical’s strategic focus on integration and growth,” said Chairman Mr Zhao Lizhi of Tianjin Bohai Chemical.

“The Joint Venture further develops our upstream and downstream integration. Combined with INEOS’ leading Acrylonitrile technology, the JV puts us in an advantaged position to meet growing demand for petrochemical products, in the Tianjin region, across China, and in Asia.”

Acrylonitrile is used as a raw material for the production of synthetic fibres, engineering plastics (ABS, Acrylonitrile Butadiene Styrene), carbon fibre, synthetic rubber and water soluble polymers.

These products are used in a very diverse range of end use markets, such as textiles, automotive components, building and construction materials, household appliances, electronic equipment, sporting goods, water treatment and oil & gas production.

INEOS