BEIJING (AFX-ASIA) – ST Hubei Tianfa Co Ltd (SZA 000670) said it plans to invest 122 million yuan to set up a joint venture to sell oil products with its subsidiary Hubei Tianfa Fuhong Petrochemical Co Ltd. (US$1=8.27 yuan). The venture, to be named Wuhan Tianfa Petroleum Logistics Co Ltd, will have registered capital of…