Following the integration of the sales channels for upstream crude oil so as to avoid competition among its subsidiaries and save cost, Sinopec plans to integrate its sales network for chemical products.
Shanghai-listed Qilu Petrochemical Co. Ltd. has signed an agreement with the Chemical Sale Company of its controlling shareholder China Petrochemical Corporation on agency sale of its products. Under the agreement, the Chemical Sale Company will distribute on agency 6 categories of products including synthetic resin, synthetic rubber, polymers, organic chemicals, and sideline products from ethylene cracking produced by Qilu Petrochemical
01-Sep-05 
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