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 ...

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 ...

Pirelli & C. SpA may push main investor Sinochem to cut its stake in the Italian tiremaker as its board of directors looks to distance the company from China. The Pirelli board will meet Wednesday ...

November 21, 2024 Exclusive: Sinochem may keep bankrupt refineries as auctions draw scant interest, sources say Sinochem Group may keep three bankrupt oil refineries located in eastern China after ...