AMOCO, SINOPEC FORM DOWNSTREAM TEAM

Amoco Corp. and China Petrochemical Corp. (Sinopec) have signed a general protocol that will enable the two companies to explore potential projects, including joint venture refining and petrochemical operations, in China. Under the 2 year accord signed by Amoco Vice Chairman Lawrason D. Thomas and Sinopec Vice President Wu Xie Gang in Beijing, the companies may cooperate on projects involving: Petroleum refining and natural gas conversion to produce and market motor fuels, petrochemicals, and

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