ChemChina Plans a Second Merger

Dan Industry News Release

ChemChina and Sinochem (Sih’-noh-kem) are planning a merger next year. Several senior bankers in Asia say the merger would create the biggest chemicals group in the world with $100 billion in revenues. The merger would come after ChemChina’s $43 billion mergers with Syngenta. A Financial Times Dot Com article says China has 1.4 billion people to feed, so the country …