BEIJING (AFX-ASIA) – China Petroleum and Chemical Corp (Sinopec) (SHA 600028; HK 0386; NYSE SNP) said BP has won a bid to become its partner in a 50-50 joint venture in Nanjing to produce 500,000 tons of acetic acid a year. Sinopec said BP, which already has an acetic acid joint venture with the Chinese…

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