Jiangsu Silbang Petrochemical

Danhua Chemical Technology Co., Ltd. is planning to purchase 100% equity of Jiangsu Silbang Petrochemical Co., Ltd. by way of issuance of shares. The transaction is valued around 11 billion yuan ($1.59 billion). The transaction is part of the company’s asset restructuring plan. On June 13, 2019, the company held the twenty-seventh meeting of the … Read more