Sinopec signs lubricants supply agreements

China National Petrochemical Corp. (Sinopec) has signed lubricant supply agreements with China Merchants Group, China Ocean Shipping (Group) Co. (COSCO), China Shipping (Group) Co. and Sinotrans & CSC. Sinopec plans to widen its overseas service network into Japan, Europe and United States, as well as seek cooperation with other oil companies to improve the capability of its global emergency supply. (December 27, 2010)