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Learn Chinese online - Sinopec, BASF to expand joint venture in Nanjing

BIZCHINA / Overseas Investment

Sinopec, BASF to expand joint venture in Nanjing
(China Daily)
Updated: 2006-07-18 15:13

The country's biggest refiner China Petroleum & Chemical Corp (Sinopec)
and German chemical giant BASF AG last week announced their agreement to
expand a joint venture project in Nanjing, East China's Jiangsu Province.

The two parties will inject a total investment of US$500 million into the
project.

(For more biz stories, please visit Industry Updates)

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