China’s Chemical Giants to Share a Chairman, Signaling a Merger

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A single chairman has been named to guide China’s two state-owned industrial-chemical giants, a transfer that probably foreshadows the long-expected mixture of the 2 firms.

The appointee, Ning Gaoning, presently chairman of Chinese language industrial-chemical large Sinochem Group, may even assume the chairman’s job at China Nationwide Chemical Corp., or ChemChina, in response to an inside information announcement by Sinochem.

Sinochem’s…



Supply hyperlink – https://www.wsj.com/articles/chinas-chemical-giants-to-share-a-chairman-signaling-a-merger-1530530736?mod=pls_whats_news_us_business_f

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