HONG KONG (AFX-ASIA) – Sinopec Kantons Holdings Ltd (934.HK) said its 70% owned subsidiary Hua De Petrochemical Co Ltd has signed an agreement to subcontract oil storage construction work worth 38.00 million yuan to Guangzhou Zhong Yuan Petrochemical Engineering Co Ltd, a wholly-owned unit of Sinopec’s parent China Petrochemical Corp. (US$1=8.27 yuan). The work involves…

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