Mon Jun 23, 2008
BEIJING, June 23 (Reuters) - Saudi Basic Industries Corp. 2010.SE and China's Sinopec Corp (600028.SS: Quote, Profile, Research, Stock Buzz) will spend $2.5 billion on an expanded petrochemicals project in northern China, the state-owned Saudi firm said on Saturday. http://www.reuters.com/article/rbssChemicalsCommodity/idUSPEK23790720080623