Abstract
Ahead of the signing of a US-China trade deal, two foreign polymer makers announced large investments in China. Although the moves weren’t prompted by the trade pact, experts say the greater protection of foreign technology it promises will help spur more investment in polymers and specialty chemicals. On Jan. 15, the US and China signed an agreement under which China promised to buy an additional $200 billion worth of US goods and services over the next 2 years, including $50 billion in petroleum and chemical products, while increasing protection of US technology and further opening its financial and service sectors. In the days before the signing, Ineos Styrolution announced plans to build an acrylonitrile-butadiene-styrene (ABS) polymer plant in the eastern Chinese province of Zhejiang. The facility, to be completed in 2023 at a cost of $800 million, will have an ABS capacity of 600,000 metric tons per year. Meanwhile, Victrex
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