, Columnist
China’s Chemicals Mega-Merger May Have Come Too Late
A long-awaited tie-up between Sinochem and ChemChina looks closer, but the timing is precarious.
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Better late than never?
Three years of efforts to combine China’s giant state-owned chemicals companies Sinochem Group Co. and China National Chemical Corp., or ChemChina, may finally be paying off. A merger between the two unlisted companies is at last “in progress,” Frank Ning, the chairman of both companies, said last week.