China’s petro-chemical conglomerate HaldiaPetrochemics is to acquire petro company Haldialab.

The two firms are in a joint venture to develop petro chemicals in China, the companies said. Haldia is an oil and gas company and Haldiab is a chemical producer, and it will operate Haldion petro and Haldo petro, the company said.Haldion will focus on petro products including fertilisers and pesticides, the two companies said in a statement.In January, the government […]