Sinopec and CCAG ink strategic cooperation agreement 

China’s largest oil refiner, Sinopec Corp., announced that it had signed a strategic cooperation agreement with China Changan Automobile Group (CCAG), China’s fourth largest automaker by annual output. The agreement provides that the two companies will cooperate in a variety of areas including technology, business, brand advertising and internationalization. The new partnership will jointly develop technologies concerning new energy and emission reduction. (October 29, 2012)