China Petrochemical Corp (Sinopec Corp) is a petroleum and petrochemical company. It operates in the exploration and production, pipeline transportation, and sale of petroleum and natural gas. The company also operates in the production, sale, storage and transportation of products such as petrochemical products, gas-based chemicals, coal chemical products and other chemical products; new energy and geothermal energy; and installation of petroleum and petrochemical equipment. Sinopec Corp also offers research, development and application of technologies and information. The company has operations in the US, Hong Kong and China. Sinopec Corp is headquartered in Beijing, China.
Headquarters
China
Address
22 Chaoyangmen North Street, Beijing, 100728
Website
www.sinopec.com
Telephone
86 10 59960114
Industry
Energy and Utilities
Revenue (2021)
$432.5B
China Petrochemical Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Natural Gas | Overhaul and Maintenance |
| Lubricants | Customer Relation Management System (CRM) |
| LPG | Fuel Card |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In November, the company entered into a partnership with QatarEnergy for the North Field South expansion project. |
| 2023 | Contracts/Agreements | In November, the company entered into an agreement to acquire a 5% stake from QatarEnergy. |
| 2023 | Plans/Strategy | In March, the company announced its plans to build a refinery in Hambantota, Sri Lanka. |
Competitor Comparison
| Key Parameters | China Petrochemical Corp | China National Petroleum Corp | PetroChina Co Ltd | CNOOC Ltd | Jiangsu Baichuan High-tech New Materials Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Beijing | Beijing | Beijing | Beijing | Wuxi |
| State/Province | Beijing | Beijing | Beijing | Beijing | Jiangsu |
| No. of Employees | - | - | 386,912 | 19,511 | 2,896 |
| Entity Type | Government | Government | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ma Yongsheng | Chairman | Executive Board | - | - |
| Zhang Shaofeng | Chief Financial Officer; Director | Executive Board | - | - |
| Zhao Dong | Director; President | Executive Board | - | - |
| Li Yonglin | Director; Vice President | Executive Board | - | - |
| Lv Lianggong | Director; Vice President | Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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