China Petroleum and Chemical Corporation (Sinopec), China's largest refiner and petrochemical producer, plans to privatize 4 subsidiaries listed on the Chinese stock market. Shares of Sinopec Qilu Petrochemical Co., Sinopec Zhongyuan Petroleum Co. and Sinopec Yangzi Petrochemical Co. and Sinopec Shengli Oil Field Dynamic Group Co. were suspended trading on February 8, 2006, as part of a plan to simplify its corporate structure.
15-Feb-06 
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