IHS Chemical Week

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CHINA

ChemChina to acquire a majority stake in Rosneft’s Far East Petrochemical project
Rosneft (Moscow) and China National Chemical Corp. (ChemChina; Beijing) have signed a memorandum of understanding (MOU), under which ChemChina will acquire a majority stake in Rosneft’s previously announced Far East Petrochemical Co. (Fepco) project...

Sinopec to acquire a stake in Sibur
Sinopec and Sibur (Moscow) have entered into a framework investment agreement under which Sinopec will acquire a stake in Sibur. The agreement was signed during Russian president Vladimir Putin’s visit to China this week, Sibur says. The details of the...

Death toll rises to 5 following explosion in chemical plant at Dongying
Local authorities at Dongying, Shandong Province, China, on Wednesday confirmed that at least five people have been killed following the explosion and fire late on 31 August at a chemical plant in the city, China's official Xinhua press agency says. The...

Reports: Explosion at another chemical plant in China
An explosion and fire occurred late on 31 August at a chemical plant at Dongying in Shandong province, China, say local press reports. According to some reports, one person has been killed as a result of the incident. The blast at Dongying follows the...

Sinopec Shanghai Petrochemical swings to profit
Sinopec Shanghai Petrochemical (Shanghai), a Sinopec subsidiary, reports profits of 1.77 billion renminbi ($277.3 million) in the first half of 2015 compared with a loss of Rmb123.6 million in the year-ago period. First-half net sales decreased 25%, however...

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