SK Global Chemical aims for 35% stake in Sinopec’s Wuhan petrochemical project

South Korea's SK Innovation’s subsidiary SK Global Chemical aims to hold a 35% stake in the Wuhan petrochemical project by Asia's top refiner Sinopec Corp as per Reuters. For this, the company will be applying for Chinese government approval for a joint venture with Sinopec for the Wuhan project within the first quarter.
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