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Singapore: China Petroleum & Chemical Corp., the nation's biggest oil refiner, and U.S. buyout firm TPG have weighed a bid for bankrupt chemicals company LyondellBasell Industries that could rival Reliance Industries offer of about $12 billion, Bloomberg reported.

Popular » Viewed Emailed Money » Karnataka seeks to woo Hero Honda Zee Turner to take 33 channels off Hathway Sensex closes above 16,000 on global cues; IT, PSUs rally Boeing's new 747 takes flight near Seattle Cognizant sees offshoring budgets up Other sections » Sena targets Arindham Chaudhari over 'separate Mumbai' remark 200 Shiv Sena activists held for anti-SRK stir SRK protests: Maha CM threatens to withdraw Uddhav's security Bal Thackeray again attacks Rahul Gandhi Shah Rukh Khan the quizmaster Money » India still not lucrative for innovator drugs Barclays CEO: Reform should allow smoother failures GMR Infra wins road contract from National Highways Authority of India 164 channels asked to register for downlinking Govt eyes 2.5 lakh e-kiosks by 2012 Other sections » Now, iPhone application that can cure acne Auto fare hike makes Bus Rapid Transit System richer in Gujarat Archies rolls out first gay V-Day cards for same-sex couples Official's visit has nothing to do with BT Brinjal: US Embassy Solar energy can be used to combat climate change: Experts Gallery » Going platinum The preview of Sakti Burman's show of serigraphs was hosted by art collector Lavesh Jagasia on Monday at the Pundole Art Gallery Girls wanna have fun Wine connoisseur Shamita Singha hosted a wine appreciation dinner for some of her friends as she took them through a number of wines paired with a four-course meal. Newsletter » Get daily news in your inbox and read it at your convenience. About DNA | Contact Us | Advertise with Us | Subscription | Reprint Rights ©2010 Diligent Media Corporation Ltd. D 910