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LyondellBasell and Sinopec Finalize JV for PO/SM Plant in China

LyondellBasell announced on the 26th of January that it has signed an agreement with Sinopec of China for the formation of a 50:50 joint venture for the specific purpose of installing a propylene oxide (PO) and styrene monomer (SM) project in China's domestic market. Plans for this operation actually began back in late 2019.

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