Volume 92 Issue 21 | p. 8 | News of The Week
Issue Date: May 26, 2014

Russia And China Strengthen Bonds

Petrochemicals: Sibur, Sinopec get close while Putin visits China
Department: Business
Keywords: Russia, China, petrochemical, natural gas, pipeline, Gazprom, Sibur, Sinopec, Putin

At a time when Russian and Chinese relations with the West are hitting a low point, Russia’s Sibur and China’s Sinopec agreed to deepen their business ties during a visit to China by Russian President Vladimir Putin.

The cooperation agreement signed by the firms—leaders in energy and petrochemicals in their respective countries—does not commit them to anything specific. But while Putin was in China, the two agreed to build a . . .

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