Kuwait’s PIC invests $638 mn for 25% stake in Wanhua Chemical
Wanhua Chemical and PIC signed a joint venture agreement, with PIC investing $638 million for a 25 per cent stake in Wanhua Chemical (Yantai) Petrochemical. Leaders from both sides attended the ceremony. The partnership marks a new phase of collaboration, aiming to drive innovation, expand cooperation, and set a benchmark in the global petrochemical industry.
Wanhua Chemical and PIC signed a joint venture agreement, with PIC investing $638 million for a 25 per cent stake in Wanhua Chemical (Yantai) Petrochemical.
Leaders from both sides attended the ceremony.
The partnership marks a new phase of collaboration, aiming to drive innovation, expand cooperation, and set a benchmark in the global petrochemical industry.
