09
Nov
01:46
Wanhua to acquire 51% stake in Tonghua Group
Shanghai-listed chemical company Wanhua plans to acquire 51% of shares of Tonghua Group’s chemical engineering business while holding a 34% stake within Tonghua’s non-chemical engineering unit, Kallanish learns.
Wanhua Chemical is optimistic and says this transaction is of great significance to its future development, especially in the field of lithium batteries. Through this reorganisation, Wanhua Chemical will hold a 34% stake in the mining bus…
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Anonymous
Very good overview of the weekly steel market.
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