ChemChina

China National Chemical Corporation (ChemChina) makes agrochemicals, rubber products, chemical materials and specialty chemicals, industrial equipment, and petrochemical processing. In February 2016, ChemChina agreed to a $43 billion bid for Swiss seeds and pesticides group Syngenta AG. In May 2017, Reuters, reported that discussion had begun regarding the merging and consolidation of ChemChina and state-owned Sinochem, overtaking industry leaders such as BASF, in a deal worth around $120 billion. ChemChina also owns ADAMA and a number of other companies globally.