IHS Chemical Week

People & Business :: Companies

Macquarie Fund takes stake in China petchem logistics firm

1:58 PM MDT | June 28, 2013 | Francinia Protti-Alvarez

Macquarie Everbright Greater China Infrastructure Fund (Megcif) has acquired a 35% stake in a wholly owned subsidiary of Singapore Stock Exchange–listed Hengyang Petrochemical Logistics (Hengyang, China), for 275.25 million renminbi ($44.2 million), says law firm Clifford Chance, adviser to Megcif during the transaction. The remaining 65% remains owned by Hengyang Petrochemical. Proceeds raised by Hengyang Petrochemical will be used to fund the group's business expansion along the Yangtze River and corporate restructuring exercise, including a buyback of a...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2014 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa