China Petroleum & Chemical Corp - Company Profile
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China Petroleum & Chemical Corp (Sinopec ), a subsidiary of China Petrochemical Corp, is a vertically integrated energy and chemical company. Improved Business performance of the chemical segment, a leading market presence and abundant reserve and asset base strengthened its operations, even as fire accidents and business performance of refining segment is a cause for concern. Global chemical market, an increase in demand for oil, strategic agreements and business initiatives could provide growth opportunities to the company. However, fluctuations in oil and gas prices, regulatory uncertainty and compliance costs and exploration, production and development risks could affect its operations.
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