Shell acquisition of Monarch petrochem portends industry transformation

Heavy Industry

Thursday, September 04, 2008 21:13:27

	Shell acquisition of Monarch petrochem portends industry transformation By AMY CHEUNG Published: September 26, 2006 12:00 AM Vice-president of Shell International Petroleum Company Ltd. David Pirret announced the acquisition of 75 percent stakes from Beijing Monarch in September portending structural changes ahead as China’s oil industry opens up to foreign players. You are currently reading 36 words of 417 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: IT , manufacturing , investment , Beijing , sinopec , dongfeng , oil , energy , consumption , China Mergers and Acquisitions , EU , US Dollar , EA	More Articles in Heavy Industry > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > German industrial giant eyes China expansion Automakers drive steel profits Chinese marine industry worth US$193bin 1H Shanghai announces 20 key manufacturing sectors Zoomlion takes 82% stake in bulk material equipment maker Jidong Cement to build US$220m plant in Chongqing Steelmakers face coke shortage

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