Pangang, Petro-Chem End Fight Over $1M Arbitration Award
By Hannah Sheehan ( January 29, 2016, 9:26 PM EST) -- Two subsidiaries of Chinese state-owned Pangang Group Co. Ltd. have reached an undisclosed settlement with Petro-Chem Development Co. Inc. over a disputed $1 million International Chamber of Commerce award in a fight involving commercial contracts for specialty industrial heaters....
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