Sinochem International Corporation
SHA:600500 ISIN:CN0009318139
News
Asian Activities Report for February 10, 2012 includes: Mazda Motor Corporation (TYO:7261) has developed resin material for vehicle parts that maintains the same rigidity as parts made with conventional materials while achieving significant weight reduction; Sinochem International Corporation (SHA:600500) has signed an agreement with french energy giant Total (EPA:FP) to buy TEPMA BV, a fully owned affiliate of Total in Colombia, for about US$1 billion; Japanese pharmaceutical company Takeda Pharmaceutical Company Limited (TYO:4502) announced today the establishment of the Takeda Shanghai Development Center within the Shanghai-based Takeda (China) Holdings Co., Ltd., a wholly owned subsidiary of Takeda; Mitsubishi Motors Corporation (TYO:7211) will present the global debut of the all-new Outlander at the 82nd Geneva International Motor Show which runs from March 6 through March 18; Lion Corporation (TYO:4912) says that the Company has improved Ban Deodorant Roll On, which features a long-lasting deodorant effect, and has upgraded Ban Refresh Shower Sheets, a new product that can effectively wipe away sticky perspiration and odor.
Wall Street rose overnight as investors were expecting improvements in fourth-quarter earnings results. US industrial shares lifted the Dow and the S&P 500 to new 15-month highs after the upbeat Chinese economic data. The US dollar dropped 0.5 percent against a basket of currencies.
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