Sinopec, Chery sign strategic partnership

Xinhua’s China Economic Information Service reported that China Petroleum & Chemical Corp. (Sinopec) and Chinese automaker Chery have signed an agreement on a full range of strategic partnership in October. Under the agreement, the company will supply oil products to Chery for the latter’s R&D and factory-fill requirements, as well as provide technical support for Chery to develop green energy vehicles. (October 19, 2007)