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PR Newswire
28-03-2016, 03:00 PM
Sinochem has about 61% interest in Sinorgchem Technology, the largest producer of 6PPD, a rubber antioxident. The stake in Sinorgchem was acquired in 2012 from Carlyle Group and other shareholders.
In an article published in Nextinsight in Aug 2015, it was mentioned that China Sunsine, listed in SGX, is the largest producer of rubber accelerators.
http://www.nextinsight.net/index.php/sto...s-compares
Jiangsu Sinorgchem Technology was also mentioned in the above article.
Will Sinochem/Sinorgchem acquire China Sunsine in the process of increasing its presence in related segments?
Renfred Tay of KGI Fraser mentioned in his Mar 2016 report that Sunsine is a potential takeover/privatisation candidate.
In an article published in Nextinsight in Aug 2015, it was mentioned that China Sunsine, listed in SGX, is the largest producer of rubber accelerators.
http://www.nextinsight.net/index.php/sto...s-compares
Jiangsu Sinorgchem Technology was also mentioned in the above article.
Will Sinochem/Sinorgchem acquire China Sunsine in the process of increasing its presence in related segments?
Renfred Tay of KGI Fraser mentioned in his Mar 2016 report that Sunsine is a potential takeover/privatisation candidate.