EIB Test April 2008 | Page 115

Lin Yuan UCR Extension 1200 University Avenue, Riverside, CA, 92507 Phone:312-623-9399 Email:[email protected] production and sales of petrochemicals, chemical fibers and other chemical products; storage and pipeline transportation of crude oil and natural gas. I spent $1443.30 to buy 15 shares in SNP on July 18th. Fortunately, the shares price did not change too much during this time and I earned $34.30 on August 1st. On July 20th, China Petroleum and Chemical Corp processed 108.53 million tons of crude oil in the first half of this year, 4.96 percent higher than a year earlier. This helps the SNP share price raised up. Although the stock market is unstable on Monday July 27th, the China Petroleum and Chemical Corp announced they start to construct the Singapore lubricating oil factory; this is the group in the local first project. Lubricants factory capacity of 100000 tons, 85 million us dollars, estimated in information in October 2012, the products are sold to Southeast Asia will be built in the market. This exciting news helps this Chinese company work well during the unstable time. SNP $100.00 $99.00 $98.00 $97.00 $96.00 $95.00 $94.00 SNP