China Planning $100 bln Merger of Sinochem, ChemChina

Chinese state-owned chemical companies Sinochem Group and ChemChina are in discussions about a possible merger to create a chemicals, fertilizer and oil giant with almost $100 billion in annual revenue, reports Reuters. The deal was reportedly proposed by China’s central government., China Planning $100 bln Merger of Sinochem, ChemChina,

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