Eastern China-based independent refiner Hongrun Petrochemical has agreed to acquire a bankrupt oil refinery operated by state-run Sinochem Group in Shandong province, according to four sources ...

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 ...

Sinochem selling bankrupt plant to independent Shandong refiner, sources say Eastern China-based independent refiner Hongrun Petrochemical has agreed to acquire a bankrupt oil refinery operated by ...

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 ...