Economics
Dealmakers Battle for Chance to Run World's Biggest Chemical Company
- China merger would pit Sinochem’s Ning againt ChemChina’s Ren
- State looking to create global trading giant to secure supply
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It’s a battle of two great deal makers and the prize is potentially the chance to run the world’s largest chemical company.
On one side is Sinochem Group boss "Frank" Ning Gaoning, who is said to be in talks for a second major deal with Richard Elman’s global commodities trader Noble Group Ltd.