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Business
Sinopec And DuPont Team Up For Resin
October 1, 2007
| A version of this story appeared in
Volume 85, Issue 40
China Petroleum & Chemical (Sinopec) and DuPont have formed a joint venture to build and operate a plant producing ethylene vinyl acetate resins. The 60,000-metric-ton-per-year facility, expected to come on-line in late 2008, will be located within the municipality of Beijing at the site of Sinopec's subsidiary Beijing Yanshan Petrochemical. Sinopec will own a 55% stake in the venture and DuPont will own the remaining 45%.
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