Sinopec Raised Investment in Purchasing Chevron South Africa
Sinopec announced that it would raise 500 million USD to invest in the Cape Town Refinery, if South Africa allows. Sinopec planned to purchase 75% of the shares of Chevron South Africa in 900 million USD in March 2017, including the Cape Town Refinery and 850 gas stations.
2026-08-24
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
Ineos Exits Sinopec Tianjin Joint Venture, Pays $120 Million "Breakup Fee"
-
Sinopec Completes CNAF Restructuring, Integrating the Entire Aviation Fuel Chain
-
Chevron Opens Oilfield Chemical Technology to Rivals
-
Sinopec and CNAF to Implement Restructuring
-
BASF Partners with Sinopec to Accelerate Application of Biomethane at Nanjing
-
Sinopec and LG Chem Sign Agreement to Jointly Develop Sodium-Ion Battery Materials
-
Sinopec Builds 146 Hydrogen Refueling Stations, Ranking Among the World’s Largest Operators
-
Thirteen Years of Partnership Ends: SK Group Bids Farewell to Sinopec-SK Wuhan Petrochemical
-
Sinopec and Saudi Aramco Launch $10 Billion Joint Venture, Accelerating Gulei Refining and Petrochemical Phase II Project
-
Sinopec Engineering Group Reports 10% Revenue Growth in H1 2025, with Overseas Business Surging 92%
Recommend Reading
-
IFF to Establish Scent Creative Center in Mumbai
-
$15 Billion Invested in China: AstraZeneca Builds an “Innovation Hub” While Some Are Still Waiting for the Windfall
-
LB Group Takes Over UK Titanium Dioxide Plant, Restarts 150,000-tonne Capacity
-
Nouryon's Production Facilities in China Have Obtained Halal Certification for Personal Care Ingredients
-
Symrise Opens New Production Unit in Granada to Ensure Safer Supply of Bio-Based Pentylene Glycol
-
China's Phenol Market Shows Little Volatility
-
Post-Holiday Acetic Acid Ethyl Ester Market Rises Strongly (10.8-10.14)
-
Styrene-Butadiene Rubber Market Shows Weak Downward Trend
-
The Market Trend of Butadiene Rubber Weakens and Declines
-
Bearish Factors Persist, Adipic Acid Prices in China Decline