Sinopec Kantons aims to own assets in global push

Sinopec Kantons, a crude oil trading and logistics arm of China Petroleum & Chemical (Sinopec), says it will selectively acquire and build its own fuel storage facilities internationally.

It said the objective was to ensure a stable supply of facilities and help Sinopec cut logistics costs as it expanded overseas.

via Business feed http://www.scmp.com/business/commodities/article/1258107/sinopec-kantons-aims-own-assets-global-push