Unipec signs LPG agreement with Phillips 66

Beijing: Sinopec’s wholly owned subsidiary, China International United Petroleum & Chemicals Co (Unipec), and American company Phillips 66 signed a long-term contract for the sale and purchase of LPG.

Dai Houliang, senior vice president of Sinopec said, “This is a mutually beneficial cooperation for Sinopec and Phillips 66. We are able to explore more business and cooperation opportunities by signing this contract, and it has further diversified the chemical feedstock supply channels for Sinopec, which will be critical to adjust our chemical feedstock structure.” [17/03/14]

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