摘要
On January 31st,China Petroleum and Chemical Corporation(Sinopec Corp., HKEX:386;NYSE:SNP;LSE:SNP;SH:600028) and Saudi Basic Industries Corpo- ration(SABIC) signed a Heads of Agreement on forming a joint venture(JV) in Tianjin.Under the agreement,the 50/50 JV will invest around US$1.7 billion in a 1 million t/