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Sinopec eyes oil refinery JV with Aramco, ExxonMobil
2010-03-10 - AMEinfo.com | Saudi Arabia | Latest News - Saudi Arabia: China's largest oil refiner, Sinopec, is considering setting up a joint venture with Saudi Aramco and US-based ExxonMbil to build an oil refinery able to process 12 million tonnes of crude per year in Fujian, China Daily has reported, citing a source familiar with the deal. The complex would also produce one million tonnes of ethylene per year. The three companies have started a feasibility study on the project.  

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