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China approves merger of two state-owned chemical giants - Buz & Tech News

2021-04-01 05:10:38 GMT2021-04-01 13:10:38(Beijing Time) Xinhua English BEIJING, April 1 (Xinhua) China has approved the restructuring of Sinochem Group and ChemChina Group, according to the country s top state assets regulator. Sinochem Group and ChemChina Group have received approval to implement joint restructuring, the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) said late Wednesday in a statement on its website. The two companies will undertake a joint restructuring, becoming subsidiaries of a new holding company wholly owned by the SASAC, read a statement from Sinochem Group. This joint reorganization will better integrate resources, build a world-class comprehensive chemical enterprise and promote the high-quality development of China s chemical industry, said Sinochem Group.

Administration commission of the state councilSinochem groupChemchina groupState owned assets supervisionAdministration commissionState councilChina groupநிலை ஓஂட் சொத்துக்கள் மேற்பார்வைநிலை சபைசீனா குழு

China okays long-planned merger of Sinochem and ChemChina

China okays long-planned merger of Sinochem and ChemChina A man walks past the office building of Sinochem in Beijing, China February 21, 2017. REUTERS/Damir Sagolj - RC1A4AD9BAB0 Photo by Reuters April 1, 2021 China’s State Council, the country’s cabinet, has approved a long proposed merger of Sinochem Group and China National Chemical Corp, or ChemChina, the Chinese state assets regulator said on Wednesday. The complex merger, which has been under discussion since at least 2017, would create the world’s biggest industrial chemicals firm. In a brief statement on its website, the State-owned Assets Supervision and Administration Commission (Sasac), under the State Council, said Sinochem and ChemChina would implement a “joint reorganisation.”

Ning gaoningChina state councilAdministration commission sasacSinochem groupChina national chemical corpState councilState owned assets supervisionAdministration commissionசீனா நிலை சபைசீனா தேசிய இரசாயன கார்ப்நிலை சபைநிலை ஓஂட் சொத்துக்கள் மேற்பார்வை

China approves merger of two state-owned chemical giants

China approves merger of two state-owned chemical giants
shanghaisun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shanghaisun.com Daily Mail and Mail on Sunday newspapers.

Administration commission of the state councilSinochem groupChemchina groupState owned assets supervisionAdministration commissionState councilChina groupநிலை ஓஂட் சொத்துக்கள் மேற்பார்வைநிலை சபைசீனா குழு

Sinochem International : China approves long-planned merger of Sinochem and ChemChina

Sinochem International : China approves long-planned merger of Sinochem and ChemChina
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

Colin qianNing gaoningTom dalyBernadette baumAdministration commission sasacState owned assets supervisionAdministration commissionState councilLouise heavensடோம் டேலிபெர்னாடெட் பாம்நிலை ஓஂட் சொத்துக்கள் மேற்பார்வைநிலை சபைலூயிஸ் வானம்

China strengthens debt control for local SOEs - Buz & Tech News

China strengthens debt control for local SOEs - Buz & Tech News
sina.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com Daily Mail and Mail on Sunday newspapers.

Administration commissionState owned assets supervisionநிலை ஓஂட் சொத்துக்கள் மேற்பார்வை