Monday, 23 July 2018 - 12:07
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Joint chairman appointed for Chinese groups Sinochem and ChemChina

A report published today has announced that Ning Gaoning, top Chinese chemical company Sinochem Group’s current chairman, will also become chairman of big Chinese competitor ChemChina. This is a clear indication that the Chinese government is willing to merge the…

News hint at $120bn-worth Sinochem-ChemChina corporate merger

According to news spread yesterday by Chinese media, China’s chemical titans Sinochem and ChemChina are likely to merge, thus creating a $120bn-worth company. It is important to note that such a merger could also be approved by Chinese government, since…

ChemChina, Sinochem seek merger to create a 100 billion dollar group

The two China-based chemicals giants ChemChina and Sinochem are reportedly planning to merge, creating the world’s largest chemicals group with $100bn of revenues. The merger is politically driven, like the recent ChemChina’s $43bn purchase of Syngenta, people familiar with the…