China BlueChemical targets phosphates assets

摘要

CHINA BLUECHEMICAL, the listed fertilizer unit of offshore oil and gas producer, China National Offshore Oil Corp. (CNOOC) and China's second-largest nitrogen fertilizer producer by volume, expects to complete the planned acquisition of a phosphate fertilizer business from its parent before the close of this year. The move forms part of China BlueChemical's plan to diversify its sources of raw material and expand its product portfolio