China Reform Holdings Corp. (CRHC; Beijing), a state-owned investment and asset management company, held "cooperation discussions" recently with ChemChina and Sinochem, according to Chinese press reports. The reports say that the talks are a further indication that a merger between the two companies is planned. Part of CRHC's role is to promote state-owned enterprise reform and restructuring. Further details have not been disclosed. There has long been speculation that ChemChina and Sinochem will combine and reorganize.
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