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Business Description:
BP Plastics Holding Berhad operates in the Bags: plastics, laminated, & coatedonline bookonline book sector. In addition to historical fundamental analyses, the complete report available to purchase compares BP Plastics Holding Berhad with three other manufacturers of various paper products in Asia: DeTeam Company Limited of Hong Kong (2011 sales of 494.50 million Hong Kong Dollars [US$63.77 million] of which 58% was Bags), Newtree Group Holdings Limited of China (367.11 million Chinese Renmimbi [US$58.41 million] of which 100% was Hygienic Disposables Business), and Qualipak International Holdings Ltd which is based in Hong Kong (418.66 million Hong Kong Dollars [US$53.99 million] of which 100% was Manufacturing & sourcing packaging prod).

MOSCOW – British oil giant BP said Friday it is considering selling its 50 percent stake in its Russian joint venture TNK-BP, in a deal that could fetch at least $15 billion.
TNK-BP, Russia's third-largest oil producer, is a joint venture between BP and AAR, a consortium of Russian billionaire shareholders. The company has been mired in a corporate dispute after AAR blocked BP's deal with another Russian oil company, Rosneft.
BP said in a statement Friday that it has received "unsolicited indications of interest" for its share in TNK-BP and is looking to pursue a potential sale which is "consistent with BP's commitment to maximizing shareholder value."
TNK-BP represents 27 of BP's reserves and 29 percent of its production, according to the British company's latest annual report.
BP's spokesman in Russia, Vladimir Buyanov, told The Associated Press that the information about the potential buyer is confidential. He declined to specify whether the offer might have come from the Russian shareholders. Buyanov said the shareholders' agreement between BP and AAR requires both parties to notify the other of offers to acquire their holdings.
BP's 50 percent stake in the Russian oil producer could fetch more than $15 billion as TNK-BP's market capitalization, based on its share prices at the Russian MICEX stock exchange, hovered around $31.5 billion Friday afternoon. But in Moscow TNK-BP's shares at the MICEX slumped by 6 percent in afternoon trading. ...

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