Pirelli & C. SpA may push main investor Sinochem to cut its stake in the Italian tiremaker as its board of directors looks to ...
Pirelli CEO Andrea Casaluci stated that “Pirelli’s management will continue to work on finding a solution that will allow the ...
Pirelli has postponed to April 28 the conclusions of its board meeting which had been scheduled to end on Thursday, the ...
State-owned ChemChina, which later merged with Sinochem, first bought a majority stake in Pirelli in a $7.7bn deal in 2015. Under the initial deal, the Chinese investor agreed it would not interfere ...
Chinese and Italian shareholders in Pirelli are at odds over the group's governance, two sources said, potentially leading to ...
Eastern China-based independent refiner Hongrun Petrochemical has agreed to acquire a bankrupt oil refinery operated by state ...
The board of Pirelli is calling on Sinochem, its largest shareholder, to reduce its stake in light of recent tariff announcements from President Trump. In short, the board is concerned that Trump’s ...
Spurred by past government calls to invest overseas, Chinese oil companies at times overpaid for assets that have underperformed or face geopolitical risks, and are now being sold en masse at knockdow ...
QUANZHOU CITY, China—Sinochem Quanzhou Petrochemical Co. plans to expand carbon black production capacity at its Quanzhou City plant in the southeastern Chinese province of Fujian. The company ...
China's state-owned Sinochem is the largest investor in Pirelli with a 37% stake in Pirelli, at a time when China is the U.S.' top military and cyber threat, according to a report by U.S ...
Changyi Petrochemical, a Sinochem-owned plant in China's refining hub of Shandong, drew a top bid of about 2.98 billion yuan ($411.82 million) from an unidentified party in an auction that closed ...