Sinopec, Yhd ink branding deal

Easy-Joy outlets to offer pickup services foronline customers

State-owned China Petroleum and Chemical Corp (Sinopec) signed a strategic cooperation agreement on Friday with domestic business-to-consumer online supermarket Yhd, another step in the oil company's mixed-ownership reform.

The companies will jointly purchase certain items, with Sinopec using Yhd's global supply chain to cut costs and the e-commerce company using Sinopec's gas stations as pickup locations for customers, the energy company said.