Sinopec plans restructuring, units set to list
By Chen Aizhu and Wan Xu | China Daily | Updated: 2011-11-15 07:55
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Sinopec Group fuel storage tanks line the waterfront in Hong Kong. The company plans to restructure its construction outfits and engineering institutes, and list them. Scott Eells / Bloomberg |
BEIJING - China's Sinopec Group, the parent of top Asian refiner Sinopec Corp, plans to restructure its downstream engineering and construction units before listing them in a public stock offering, industry officials said.
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