Rahul Sharma (Editor)

China Petrochemical Corporation

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Native name
  
中国石油化工集团公司

Industry
  
Financial services

Key people
  
Su Shulin (Chairman)

Total assets
  
2.228 trillion CNY (2014)

Founded
  
1998, Beijing, China

Type
  
State-owned enterprise

Area served
  
China

Headquarters
  
Beijing, China

Net income
  
31.9 billion CNY (2014)

Total equity
  
735.6 billion CNY (2014)

China Petrochemical Corporation wwwjeantercabinetcomuploads1505061150506153

Services
  
Holding company of oil and gas companies

Parent organization
  
State-owned Assets Supervision and Administration Commission of the State Council

Subsidiaries
  
Sinopec, Sinopec Oilfield Service

China petrochemical corporation petrochina beijing office meeting china after cnpc


China Petrochemical Corporation (Chinese: 中国石油化工集团公司) or Sinopec Group is Asia's largest oil refining and petrochemical enterprise, administered by SASAC for the State Council of the People's Republic of China. It is headquartered at Chaoyangmenwai in Beijing, across the road from the headquarters of fellow state-owned oil company and competitor CNOOC Group.

Contents

Sinopec Group ranked first in the Top 500 Enterprises of China in 2007, with its annual revenue over 1 trillion Chinese yuan.

It is the fifth largest company in the world in terms of revenue.

Subsidiaries

Its major subsidiary, China Petroleum and Chemical Corporation Limited, commonly referred to as "Sinopec Limited", is listed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange.

Sinopec Ltd. is involved in the production of various petroleum products, including gasoline, diesel, jet fuel, kerosene, ethylene, synthetic fibers, synthetic rubber, synthetic resins, and chemical fertilizers, in addition to exploration of crude oil and natural gas within China.

References

China Petrochemical Corporation Wikipedia