Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email in the first instance.

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Exxon Mobil Corp (EXX)

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Tuesday 12 September, 2000

Exxon Mobil Corp


Exxon Mobil Corporation
11 September 2000

            Exxon Mobil Corporation and China Petroleum and 
            Chemical Corporation Expand Strategic Alliance

IRVING, Texas--(BUSINESS WIRE)--Sept. 11, 2000--ExxonMobil (Guangdong) Petroleum
& Petrochemical Company, Limited, a subsidiary of Exxon Mobil Corporation and
China Petroleum and Chemical Corporation (Sinopec) announced today that they
have entered into an agreement that will significantly increase ExxonMobil's
presence in China and strengthen the cooperation between the two companies.

Under this agreement, the two companies will jointly study the development of
the following major manufacturing and exclusive fuels marketing joint ventures
in Guangdong Province. The refinery at the Guangzhou Petrochemical Complex in
Guangdong Province will be evaluated for expansion of up to twice its present
150,000 barrel-per-day capacity. Similarly, existing petrochemical facilities
will be evaluated and development of a world-class petrochemical complex will be
studied. The two companies will also evaluate a fuels marketing joint venture in
Guangdong Province that could result in the development of up to 500 service
stations within three years following the venture formation.

In addition, government approval is expected imminently for the Fujian project
development proposal. Exxon China Petroleum & Petrochemical Company, Limited has
been working with Fujian Petrochemical Company, Limited (FPCL) and Saudi Aramco,
the national oil company of Saudi Arabia, to develop a joint plan for a
world-scale petroleum and petrochemical complex at the FPCL refinery site in
Fujian Province. FPCL is a joint venture between Sinopec and the Fujian
provincial government. The complex would become a major marketer of
petrochemicals throughout China and petroleum products throughout Fujian

Exxon Mobil Corporation Chairman Lee Raymond said, 'We are pleased to announce
the next stage of our important strategic alliance with Sinopec. It is a very
broad and mutually attractive partnership that builds upon our mutual strengths
and respect. This significant alliance has grown from our long-standing,
cooperative relationship with Sinopec. We believe that this partnership will
benefit ExxonMobil's shareholders by providing attractive investment returns
that are commensurate with world-class operations in a growing market.'

Sinopec is China's largest producer and supplier of wholesale and retail refined
petroleum products, including gasoline, diesel and jet fuel, and is the
country's second largest producer of crude oil. The company is also China's
largest producer and supplier of petrochemical products.

Sinopec Chairman Li Yizhong said, 'We have been working closely with ExxonMobil
for many years on a range of business ventures. The agreement announced today
provides an added dimension to our growing strategic alliance and is reflective
of our cooperative efforts. Such fruitful cooperation will benefit both

Exxon Mobil Corporation is a leading global petroleum and petrochemical company
whose subsidiaries have operations in about 200 countries and territories

For additional information contact:

Tang Ling                    86-10-6505-388-
(ExxonMobil Beijing)         Ext. 8315
                             Ext. 7109

David Dickson                972-444-1108
Suzanne McCarron             972-444-1127

For additional information on ExxonMobil, visit our Web site at

China Petroleum and Chemical Corporation (Sinopec Corporation)

Sinopec is an integrated petroleum and petrochemical company with upstream,
midstream and downstream operations, and, based on total operating revenues from
its continuing operations of RMB 213.0 billion (US$25.7 billion) in 1999,
Sinopec is the largest petroleum and petrochemical company in China.  

Sinopec is the largest distributor and marketer of gasoline, diesel, jet fuel
and most other refined products in China. In 1999, sales of gasoline and diesel
through its Sinopec branded retail and wholesale distribution networks
approximated 62 percent and 84 percent of the total consumption of these
products in China and in its principal market in the eastern and southern
regions in China, respectively. There is a population of 904 million in the
eastern and southern regions of China (accounting for about 73 percent of
China's total population). This market includes a number of big cities and
regions with the most rapid economic growth.

Sinopec is also the largest producer and distributor of petrochemicals in China.
It processed 88.2 million tons of crude oil, representing 50 percent of the
total crude oil processed in China. Sinopec produces gasoline, diesel, jet fuel,
lubricants, fuel oils, various petrochemical feedstocks and other refined
products. In 1999, Sinopec produced approximately 17 million tons and 31 million
tons of gasoline and diesel respectively, that constituted approximately 45
percent and 50 percent of the total gasoline and diesel production in China. Its
production of ethylene, a key petrochemical building block, constituted over 47
percent of the total production in China in 1999.

In addition, Sinopec explores for, develops and produces crude oil and natural
gas principally to supply its refining and chemical operations. In 1999,
approximately 31 percent of its refining and chemical operations' crude oil
requirements were provided by its own crude oil exploration and production
operations with the remainder sourced domestically and internationally.