People use an escalator outside the headquarters of ChemChina (China National Chemical Corporation) in Beijing, China
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ChemChina, Sinochem in talks on possible $100 billion merger

BEIJING (Reuters) – Chinese state-owned chemical companies Sinochem Group and ChemChina are in discussions about a possible merger to create a chemicals, fertiliser and oil giant with almost $100 billion (81.89 billion pounds) in annual revenue, three sources familiar with the matter said.

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