ChemChina plans to acquire a 40% stake in Rosneft's petrochem

摘要

China National Chemical Corporation (ChemChina) plans to acquire a 40% stake in Rosneft's planned petrochemical complex VNHK in Russia's Far East, according to Reuters. The participation of ChemChina will allow Rosneft to optimise the project financing and jointly organise sales of the high-margin products of the future complex on the premium markets of the Asia-Pacific region.