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The China News Database was last updated at 01:50PM on November 9, 2023.
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26 articles matching the search query.
Sinochem General Manager Li Fanrong Succeeds Ning Gaoning as Chairman
Ning set to retire after engineering combination of Sinochem with ChemChina and posting a long track record of building up SOEs through mergers and acquisitions
China’s state refiners trim Sep run rates to 82%, from 84% in Aug
The average utilization rate of China’s four state-owned refiners fell from 84% in August to 82% in September, while independent refiners also cut run rates by two percentage points, according to S&P Global Platts. As a result, the country’s crude throughput is likely to fall further from the 15-month low of 58.35 million mt in ...
China’s Private Refiners Grab Barrels as They Prepare to Ramp Up
Chinese independent oil refiners returned to the physical crude market in recent weeks, aiding a recovery in Asian demand after a government crackdown on the sector had spurred buyers to scale back activity.
China Finalizes Merger of Two Largest State Chemical Firms, Creating Sinochem Holdings
Subsidiary Syngenta remains the wildcard in the deal as it has signaled plans to IPO in mid-2022 in a move that could relieve debt pressures accumulated during its $43 billion 2016 acquisition
China is unloading its biggest-ever foreign acquisition
Now the IPO could be one of China’s biggest.
China gives companies 'urgent notice' in oil import probe
China gave five state-owned companies until Thursday to report on their historic use of imported oil as part of a broader effort by the world's largest oil importer to control shipments as domestic supplies swell.
China Approves Restructuring of Sinochem and ChemChina
China gave approval for a restructuring of Sinochem Group and ChemChina Group, two companies that have been long the target of merger speculation.
ChemChina's Syngenta Takeover Is a Failure. Time to Admit It
There’s a way to salvage the $46 billion purchase of agrochemical giant Syngenta.
Sinochem, ChemChina Consider Merger Plan That Won't Raise U.S. National Security Concerns
China is exploring ways to combine two of its biggest industrial-chemical companies without running afoul of pledges made to the U.S.
Sinochem, one of China's largest oil firms introduces warehouse receipt blockchain - Ledger Insights - enterprise blockchain
Today Sinochem unveiled its new warehouse receipt blockchain, which integrates internet of things (IoT). The state-owned firm is one of the largest oil producers in China. The first transaction was for oil trader Beijing Longrun Kaida Petrochemical Products, which received a warehouse receipt from Nanchu Management Group. That receipt was then used to secure trade […]
ChemChina, Sinochem Merger Could Now Face Sanctions Hurdle
A long-awaited tie-up between Sinochem and ChemChina looks closer, but the timing is precarious.
The birth of a chemical leviathan — Sinochem and ChemChina merge
China’s two biggest chemicals companies are merging to form an enormous global conglomerate. Should the global industry be worried?
Sinochem boss hits out at anti-globalisation after US blacklist designation
Sinochem Group chairman Ning Gaoning says his faith in free trade has been shaken amid rising US-China tensions that recently saw his company put on a Pentagon watch list.
Trump administration says Sinochem and others backed by Chinese military
The Trump administration has determined that another 11 Chinese firms, including construction giant China Communications Construction Company, are owned or controlled by the Chinese military, the Pentagon said on Friday, laying the groundwork for new sanctions.
China Sinochem to start $4.6 billion Quanzhou petchem complex mid-2020: sources
China Sinochem Group is expected to start up a new crude processing unit and a petrochemical complex in southeastern China around mid-2020, marking the state firm's first foray into making petrochemicals, three company sources said.
Former China Sinochem VP sentenced to 11-1/2 years prison for graft
A former senior executive at China's state-run Sinochem Group was sentenced on Tuesday to 11-and-a-half years in prison for taking bribes, a court in eastern Shandong province said.
Sinochem chairman says merger with ChemChina still underway
Frank Ning Gao Ning, chairman of Chinese state-run Sinochem Group said on Wednesday the planned merger with China National Chemical Corp, or ChemChina, was still underway.
China close to abandoning ChemChina and Sinochem merger
Deal to create one of world’s biggest chemicals groups beset by management clashes
Sinochem unit discussing blockchain platform with Shell, Macquarie: sources
Sinochem Energy Technology Co Ltd, a subsidiary of state oil and chemicals firm Sinochem Group, is in talks with Royal Dutch Shell and Macquarie Group to build an energy blockchain platform, three Beijing-based industry sources said.