ExxonMobil, Saudi Aramco sign joint venture deal with Sinopec of China

March 2007
Chemical Business;Mar2007, Vol. 21 Issue 3, p88
Trade Publication
The article reports that Exxon Mobil Corp, Saudi Aramco and China's Sinopec have finalized an agreement, termed the Fujian Refining and Ethylene Joint Venture Project, to upgrade and triple the capacity of the Fujian province refinery. This agreement also includes plans to build a petro-chemical complex and to market automotive fuels to China's domestic market through a network of 750 service stations.


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