Sinopec Engineering's revenue from its parent dropped to 50 per cent last year, from 66 per cent in 2010, as the company seeks to diversify its customer base. Photo: AFP

Sinopec Engineering's Hong Kong IPO to aid overseas growth

US$2.1 billion spin-off comes as firm does more business in the Middle East, Africa and the Americas and as reliance on parent decreases

Topic |   Sinopec

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Sinopec Engineering's revenue from its parent dropped to 50 per cent last year, from 66 per cent in 2010, as the company seeks to diversify its customer base. Photo: AFP
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