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News> Company News

Sinopec Raised Investment in Purchasing Chevron South Africa

Coco

2018-01-25

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. 

Source: SCI99
Disclaimer: Echemi reserves the right of final explanation and revision for all the information.

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