According to mainland media reports, Sinopec Ineos Styrolution Advanced Materials (Tianjin) Company Limited (literal translation of "中石化英力士苯領高新材料(天津)有限公司") was established recently.The new firm is jointly held by SINOPEC CORP (00386.HK) -0.040 (-0.930%) Short selling $72.69M; Ratio 30.060% and Ineos Styrolution Apac Pte. Ltd. with Stephen Mark Harrington as the legal representative and a registered capital of RMB1.68 billion.Related NewsCLSA Cuts SINOPEC CORP (00386.HK) TP to $4.5 on Weak 2Q ResultsThe scope of business of this new company includes manufacturing of engineering plastics and synthetic resins, sales of engineering plastics and synthetic resins, and research and development of new material technologies.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-05 12:25.)