Ineos to take Sinopec units to court in intellectual property case

Ineos Group Ltd, one of the world's largest chemical companies, will say on Friday it is taking units of Sinopec Group, China's largest oil refiner and distributor, to court.

The claim is against a number of Sinopec subsidiaries for misuse of acrylonitrile technology that is used in plastics and carbon fiber.

Sinopec denied all charges.