BEIJING (AFX-ASIA) – Sinochem International Ltd (SHA 600500), a Chinese state-owned oil trader, is considering launching a takeover bid for Inchon Oil Refinery, a bankrupt oil company in South Korea, to help it meet the country’s rapidly growing demand for oil, the Financial Times reported. The paper quoted an unidentified official at KDB Partners, an…
CHINA: Sinochem Intl considers buying SKorea’s Inchon Oil – report
Posted on March 2, 2004 by EnergyAsia