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Re: texas tom post# 43585

Friday, 04/04/2008 12:42:48 PM

Friday, April 04, 2008 12:42:48 PM

Post# of 46028
Apparently Sinopec is prone to stake position in its Joint Venture partnerships, judging by another recent deal it has entered with a South Korean company:

"Under the deal, Sinopec will secure part of the shares in the petrochemical company, which is now owned by GS Aromatics with 60 percent stake, GS Caltex said in a statement."

http://uk.reuters.com/article/oilRpt/idUKSEO17821220080403


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