China Petroleum & Chemical Corp - Company Profile
Powered by 
All the data and insights you need on China Petroleum & Chemical Corp in one report.
$295
- Save hours of research time and resources with
our up-to-date China Petroleum & Chemical Corp Strategy Report
- Understand China Petroleum & Chemical Corp position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
Business Description
China Petroleum & Chemical Corp (Sinopec), a subsidiary of China Petrochemical Corporation, is an integrated oil and gas company, which carries out upstream, midstream and downstream operations.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
R&D Overview
The company’s research and development (R&D) focuses on replacement of resources in upstream, optimizing structure and operation upgrades in refining sector, structured adjustment of materials and products in chemical segment. In FY2022, it spent CNY22,510 million on R&D, which as a percentage of revenue, stood at 0.7% and increased 6.7% YoY. In FY2022, the company was granted 6,289 patents in China and overseas and applied for 8,687 patents.
Business Segments
Overview
Sources chemical feedstock from the refining segment and third parties and produces and markets petrochemical and inorganic chemical products. Produces and distributes a comprehensive range of chemical products including intermediate petrochemicals, synthetic resins, synthetic fiber monomer and polymers, synthetic fibers and synthetic rubber. Intermediate petrochemicals include ethylene, propylene, benzene, styrene and para-xylene, phenol. Synthetic resins provide polyethylene, polypropylene, polyvinyl chloride, polystyrene and acrylonitrile butadiene styrene. Its key synthetic fiber monomers and polymers are purified terephthalic acid, ethylene glycol, acrylonitrile, caprolactam, polyester, polyethylene glycol and polyamide fiber. Synthetic fiber products include polyester fiber and acrylic fiber. Major synthetic rubbers are cis-polybutadiene rubber, styrene butadiene rubber, or SBR, styreneic block copolymers (SBCs) thermoplastic elastomer and isobutadiene isoprene rubber.lene, propylene, benzene, styrene and para-xylene, phenol. Synthetic resins provide polyethylene, polypropylene, polyvinyl chloride, polystyrene and acrylonitrile butadiene styrene. Its key synthetic fiber monomers and polymers are purified terephthalic acid, ethylene glycol, acrylonitrile, caprolactam, polyester, polyethylene glycol and polyamide fiber. Synthetic fiber products include polyester fiber and acrylic fiber. Major synthetic rubbers are cis-polybutadiene rubber, styrene butadiene rubber, or SBR, styreneic block copolymers (SBCs) thermoplastic elastomer and isobutadiene isoprene rubber.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Exploration and production assets include conventional and unconventional properties across the world. It explores for and develops oil fields, produces crude oil and natural gas, and sells to the Refining segment and external customers.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Manages depots and service stations in China. It distributes refined petroleum products through its wholesale and retail networks.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Includes trading activities of the import and export companies and research and development activities.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Purchases crude oil from third parties and E&P segment to process into refined petroleum products. Major products include asphalt, chemical feedstock, diesel, fuel oil, gasoline, LPG, jet fuel, solvent oil, naphtha, kerosene, petroleum coke and paraffin.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Geographical Segments
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer