Sinochem and ChemChina May Merge

02:15 EDT 18 Oct 2016 | CHEManager

As if not to be outdone by the mega mergers planned for Western chemical companies, the Chinese state is thought to be planning to merge two of its own giants, Sinochem Group and China National Chemical Corp (ChemChina). The deal, should it go ahead, would create China’s third-largest refiner by capacity. The story reported by Western news agencies has not been acknowledged by authorities in Beijing.

Original Article: Sinochem and ChemChina May Merge


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