January 31st, 2008 - 03:32 GMT SABIC and Sinopec Corp.sign heads of agreement towards formation of 50:50 joint venture Beijing, People's Republic of China, Jan 31, 2008 – China Petroleum and Chemical Corporation (Sinopec Corp.) (HKEX: 386; NYSE: SNP; LSE: SNP; CH: 600028) and Saudi Basic Industries Corporation (SABIC) Read more