Ineos’s planned phenol plant in Nanjing — also a joint venture with Sinopec — was put on hold because of the continuing dispute. In the meantime, Ineos’ European rival Cepsa, the second-largest producer of plastic ingredient phenol after Ineos, inaugurated its own $300m plant in eastern China in April.

由于这一不断持续的争端，英力士原计划在南京与中石化合资建造的苯酚工厂也被搁置。与此同时，英力士的欧洲竞争对手赛倍飒(CEPSA)也于今年4月在华东启动了其3亿美元的化工厂。赛倍飒是欧洲仅次于英力士的第二大苯酚(塑料组分之一)生产商。

Cepsa’s plant will provide phenol that previously had to be imported into China, leaving the country self-sufficient in the ingredient, according to José Manuel Martínez, Cepsa senior vice-president for petrochemicals.

根据赛倍飒石化高级副总裁何塞曼努埃尔氠丁内斯(José Manuel Martínez)的说法，赛倍飒的工厂将供应此前中国必须进口的苯酚，让中国实现这种组分的自给自足。

Putting the Ineos plant “on the back burner was “obviously a very sensible thing to do, Mr Ratcliffe said. He explained that growing petrochemical capacity in China and Asia would add to pressure on European producers by shifting low-cost Middle Eastern production into the European market.

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