China Petrochemical Corporation

Type: Company
Name: China Petrochemical Corporation
First reported Sep 17 2014 - Updated Sep 17 2014 - 1 reports

Sinopec Yizheng Chemical Fibre Co Ltd to acquire Sinopec Oilfield Service Corporation

Deals Sinopec Yizheng Chemical Fibre Co Ltd has agreed to acquire Sinopec Oilfield Service Corporation from China Petrochemical Corporation for a total consideration of $6.67 billion.Value: $6.7 billionAnnounced: September 12 2014Parties involvedLegal ... [Published International Law Office - Sep 17 2014]
First reported Sep 15 2014 - Updated Sep 15 2014 - 1 reports

China Sinopec unit to sell 30pc stake

Chinese oil giant Sinopec will sell a 30 percent stake in its marketing arm to outside investors for more than $17 billion, the company said, as the government pushes key economic reforms.China's Communist Party pledged at a meeting in November to allow ... [Published Bangladesh Daily Star - Sep 15 2014]
First reported Sep 15 2014 - Updated Sep 15 2014 - 7 reports

Sinopec: SOE near yet SOE far

Over the weekend, state-owned China Petrochemical Corp announced two deals in a restructuring that leaves a bad taste ... [Published FT.com - Lex - Sep 15 2014]
First reported Sep 14 2014 - Updated Sep 15 2014 - 1 reports

Sinopec offloads 107b yuan stake

Sinopec, as the company is known, said the unit will sell a combined 29.99 percent stake to 25 investors, including Fosun International (656), run by billionaire Guo Guangchang. China Life will buy 10 billion yuan of shares while gas supplier ENN Energy ... [Published Hong Kong Standard - Sep 14 2014]
First reported Sep 13 2014 - Updated Sep 13 2014 - 1 reports

Sinopec Group Lists Oil Engineering Unit in $5 Billion Reshuffle

China Petrochemical Corp., Asia’sbiggest refiner, will list its petroleum engineering business inHong Kong as part of a 30.6 billion yuan ($5 billion)reorganization by the company known as Sinopec Group.The state-owned company will sell Sinopec Oilfield ... [Published Bloomberg - Sep 13 2014]
First reported Sep 13 2014 - Updated Sep 13 2014 - 1 reports

Sinopec Group Lists Oil Engineering Unit in $5 Billion Reshuffle - Bloomberg

Sinopec Group Lists Oil Engineering Unit in $5 Billion Reshuffle Bloomberg (2386), a unit of its parent company that builds chemical plants, raised $1.8 billion in a Hong Kong initial public offering last year, data compiled by Bloomberg show. ... [Published Bloomberg via Google News - Sep 13 2014]
First reported Sep 12 2014 - Updated Sep 12 2014 - 2 reports

China Petroleum & Chemical Corp enters disposal agreement and share repurchase agreement with Yizheng Chemical

10:31am EDTChina Petroleum & Chemical Corp:On Sept. 12 Sinopec Corp. entered into the Disposal Agreement and Share Repurchase Agreement with Yizheng Chemical.Pursuant to which Yizheng Chemical has conditionally agreed to transfer the Outgoing Business ... [Published Reuters - Sep 12 2014]
First reported Sep 11 2014 - Updated Sep 11 2014 - 2 reports

China indicates more interest in Nigeria’s oil, gas

MR Liu Kan, the Consul-General of the Consulate General of People’s Republic of China in Lagos, on Thursday expressed his country’s growing interest in Nigeria’s oil and gas industry.Liu told the News Agency of Nigeria (NAN) in Lagos that China would ... [Published The Guardian Nigeria - Sep 11 2014]
First reported Sep 11 2014 - Updated Sep 11 2014 - 1 reports

Sinopec-RT-Mart C-Store Convenience Stores Run in Shanghai

Sinopec Group announces that eight convenience stores under cooperation between Sinopec Easy Joy and RT-Mark C-Store come into business in Shanghai on September 11. Sinopec Sales signed a cooperation framework agreement with Ruentex Group on July 29, ... [Published Individual.com - Sep 11 2014]
First reported Sep 02 2014 - Updated Sep 03 2014 - 3 reports

China reveals new top 500 enterprises list

The 2014 ranking of the Top 500 Chinese Enterprises was unveiled at a press conference on Sept. 2, 2014 with China's state-owned oil giant Sinopec Group topping the list for a tenth year.The list of top 500 companies on the Chinese mainland was calculated ... [Published China.org.cn - Sep 03 2014]
First reported Sep 02 2014 - Updated Sep 02 2014 - 1 reports

CHINA PETROCHEMICAL : Oil Product Price Adjusted

Oil Product Price Adjusted 页面内容National Development and Reform Commission announced in the [Notice on the Adjustment of Oil Product Prices] issued on September 1, 2014, that the current prices of oil products will be adjusted.By the Notice, the price ... [Published 4 Traders - Sep 02 2014]
First reported Aug 28 2014 - Updated Aug 28 2014 - 2 reports

CBI Wins Engineering Deal for China Petrochemical Complex - Analyst Blog

Last week, the company has received another engineering services contract from Pesky Koncern Naftowy Orlen S.A. (PKN). This contract entails extension of CBI's OCT technology for production of 100,000 metric tons per annum (MTA) of propylene at PKN's ... [Published Nasdaq - Aug 28 2014]

Quotes

"The sale of its marketing arm "is in line with their policy of privatisation and to introduce more private capital in the economy", independent financial analyst Francis Lun told AFP."
...firm said that the market will shift in the next year with private enterprise providing more propylene supply over state-owned enterprises. "The import will decline and the market control capability of Sinopec Group and CNPC will be decreased" it said
...is a big cash cow with the potential to increase margins," Gordon Kwan, head of oil and gas research at Nomura International Hong Kong, said. "There is a lot of scope to make the business better."
- Grand View Research has announced the addition of "Global Polyvinyl Chloride (PVC, polymer, Plastics, Nonwoven fabrics) Market Analysis And Segment Forecasts To 2020" Market Research report to their Database

More Content

All (112) | News (88) | Reports (0) | Blogs (22) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
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China Focus: Sinopec Corp. leads China's mix-ow... [Published Individual.com - Sep 17 2014]
Sinopec Yizheng Chemical Fibre Co Ltd to acquir... [Published International Law Office - Sep 17 2014]
China Sinopec unit to sell 30pc stake [Published Bangladesh Daily Star - Sep 15 2014]
Chinese plant uses US technology in production [Published CHINAdaily - Sep 15 2014]
Sinopec: SOE near yet SOE far [Published FT.com - Lex - Sep 15 2014]
Sinopec: SOE near yet SOE far [Published FT.com - Companies Asia-Pacific - Sep 15 2014]
Sinopec: SOE near yet SOE far [Published FT.com - Energy - Sep 15 2014]
Sinopec Yizheng Chemical Fibre to be Oil Engine... [Published Town Hall - Sep 15 2014]
SINOPEC YIZHENG CHEMICAL FIBRE : to be Oil Engi... [Published 4 Traders - Sep 15 2014]
Sinopec (00386) to restructure Yizheng Chem (01... [Published etnet.com.hk - Sep 15 2014]
Yizheng Chem (01033), Sinopec Corp reorganise biz [Published Kingston Securities - Sep 15 2014]
Sinopec offloads 107b yuan stake [Published Hong Kong Standard - Sep 14 2014]
Sinopec retail unit to be sold for USD17.5 billion [Published GantDaily.com - Sep 14 2014]
Sinopec Group Lists Oil Engineering Unit in $5 ... [Published Bloomberg - Sep 13 2014]
Sinopec Group Lists Oil Engineering Unit in $5 ... [Published Bloomberg via Google News - Sep 13 2014]
Chinese plant to utilize US firm’s technology i... [Published CHINAdaily - Sep 13 2014]
China Petroleum & Chemical Corp enters disposal... [Published Reuters - Sep 12 2014]
Yizheng Plans $5 Billion Asset-Swap to Become P... [Published Bloomberg - Sep 12 2014]
The Other Side Of ISIS [Published Tehelka - Sep 12 2014]
Global Polyvinyl Chloride (PVC, polymer, Plasti... [Published PR inside - Sep 11 2014]
China indicates more interest in Nigeria’s oil,... [Published The Guardian Nigeria - Sep 11 2014]
China indicates interest in Nigeria’s oil & gas... [Published Nigeria Punch - Sep 11 2014]
Sinopec-RT-Mart C-Store Convenience Stores Run ... [Published Individual.com - Sep 11 2014]
China Merchant orders Jotun's innovative anitif... [Published Portnews - Sep 11 2014]
Brightoil Petroleum : New Deep Drilling Well Pr... [Published 4 Traders - Sep 10 2014]
CHINA MERCHANTS ENERGY SHIPPING : Merchant boos... [Published 4 Traders - Sep 10 2014]
China Invests Heavily in US Real Estate, Energy [Published China Business Review - Sep 09 2014]
South America ripe for exploration [Published Ecns.cn - Sep 09 2014]
Continent ripe for exploration [Published CHINAdaily - Sep 09 2014]
China state enterprise reforms hit rocky road [Published Nikkei Asian Review - Sep 08 2014]
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Sinopec Group Lists Oil Engineering Unit in $5 ... [Published Bloomberg via Google News - Sep 13 2014]
Sinopec Group Lists Oil Engineering Unit in $5 Billion Reshuffle Bloomberg (2386), a unit of its parent company that builds chemical plants, raised $1.8 billion in a Hong Kong initial public offering last year, data compiled by Bloomberg show. ...
Repsol abandons Talisman takeover plan, weighs ... [Published Financial Post - Top Stories - Aug 28 2014]
Repsol SA has dropped a plan to buy all of Talisman Energy Inc., and is instead weighing the purchase of some of the Canadian company’s shale assets, people with knowledge of the matter said. After conducting due diligence on Talisman the Spanish company ...
When Hell Freezes Over. [Published London Irvine Report - Aug 20 2014]
br />!--[if gte mso 9]><![endif]--> Baltic Dry Index. 1042  +27 LIR Gold Target in 2019: $30,000.  Revised due to QE programs. “Every day, in every way , I'm getting better and better " The Talking Chair, with apologies to Emile ...
The REAL Reason for New U.S. and French Militar... [Published Zero Hedge - Aug 12 2014]
Why is Obama now re-committing the U.S. military to Iraq? Why is France strongly backing military action? Obama says it’s to protect minorities.    That’s nothing new.  Obama is the fourth president in a row to bomb Iraq … while claiming it is ...
Why China’s mood is souring on Canada’s oil patch [Published Financial Post - Top Stories - Jul 11 2014]
Barely two years since the national outcry over China’s aggressive push into Canada’s oil patch, some of the major acquisitions are looking messy to hopeless. Instead of reaping the rewards of their first big step out into a free market oil industry, ...
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