LyondellBasell signs agreement with Liaoning Bora Enterprise Group

People attend a signing ceremony between Liaoning Bora Enterprise Group and LyondellBasell in Shenyang, northeast China's Shenyang Province, on March 6, 2020. LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, has invested in the construction of a large petrochemical industry base in northeast China with a Chinese company. The chemical giant signed an agreement with the Liaoning Bora Enterprise Group through the Internet on Friday. The two companies will invest 12 billion U.S. dollars over the next 10 years to build a petrochemical industry base in the city of Panjin, northeast China's Liaoning Province. (Xinhua/Pan Yulong)