IN BRIEF (Page 7)

Sinopec to invest in clean energy

China Petrochemical Corp (Sinopec Group), Asia's biggest refiner, will over the next decade invest in clean energy, environmental protection and new materials, as it seeks to reduce its dependence on oil production and refining. Sinopec aims to make technological breakthroughs in these areas including specialized materials used in 3-D printing and energy derived from geothermal, biofuels, solar and wind, according to comments on its website from Chairman Fu Chengyu. The State-run company will also establish an environmental protection unit to support China's drive to cut pollution.

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