In February, the heads of China's three state-controlled oil and gas majors -- China National Petroleum Corp (CNPC), Sinopec and China National Offshore Oil Corp (CNOOC) -- met one of Russia's most influential players in the energy sector, Igor Sechin, chief executive of state-owned oil company Rosneft.
Huntsman is manufacturing the substance along with BASF and several Chinese companies--including Shanghai Huayi (group company) and Sinopec Shanghai Gao Qiao Petrochemical Corp.