ExxonMobil,Orica selling Australian polyethylene JV Qenos to Chinese firm

摘要

Australia's Orica Ltd has confirmed its intention to sell to China National Chemical Corp its local polyethylene and synthetic rubber joint venture with ExxonMobil,Qenos.The Australian commercial explosives,agricultural and industrial chemicals producer said it would recognize an after-tax loss of Aus34-mil (us25.5-mil) relating to Qenos' capitalized and associated sale transaction costs.