Supreme Petrochem to buy 55% stake in Shin Ho

21-Mar-06
Supreme Petrochem Ltd. plans to acquire 55% stake in Shin Ho Petrochemicals (India) Ltd. for an undisclosed sum. Supreme has entered into a share purchase agreement with Korea's S. H. Chemical Company Ltd., Shin Ho's parent company. Supreme Petrochem also plans to offer to buy another 20% stake from Shin Ho's shareholders.
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Large capacity chemical storage tanks