What is Sinochem's stated response to Italy's curbs on its Pirelli stake?

Sinochem expressed 'deep regret' regarding Italy's decision and stated it 'reserves the right to pursue all necessary legal remedies to safeguard its legitimate shareholder rights and interests.'

What is Sinochem's ownership stake in Pirelli, and how does it compare to the second-largest shareholder's holding?

Sinochem is Pirelli's largest shareholder with a 34% stake, while Camfin—the vehicle of Italian businessman Marco Tronchetti Provera—holds around 26%, with plans to increase it to up to 29.9%.

Sinochem May Appeal Court Over Italy's Curbs on Pirelli Stake

Apr 13, 2026

China's Sinochem announced it may lodge a legal appeal against Italy's government curbs limiting its influence over tyre maker Pirelli, where it holds a 34% stake. The company expressed deep regret and reserves the right to pursue legal remedies.

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Sinochem May Appeal Court Over Italy's Curbs on Pirelli Stake

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