Petrochemical supplier to China’s Dushanza Petrochemicals project to be acquired by Dushansanzi Petro chemical company

China’s PetroChemicals has agreed to acquire SadaraPetrochemical Company in a deal valued at $3.3 billion, according to people familiar with the matter.SadaraPetrol has developed a new petrochemically-based product line that includes an ethanol and petrol-based oil.The deal includes the acquisition of Sadarapetrochemical as well as the development of a new ethanol-based petrol-derived product line, these people said.PetroChem’s new petrol-based line […]