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Sinopec Shanghai Petrochemical Co Ltd (Sinopec), a subsidiary of China Petroleum & Chemical Corporation, is an integrated refining and petrochemical company. The company's primary activities include the production of refined oil products, intermediate petrochemicals, synthetic resins, and synthetic fibers. Sinopec's major products include refined oil products such as gasoline, diesel, and jet fuel; petrochemicals like ethylene, propylene, and benzene; synthetic resins and plastics including polyethylene and polypropylene; and synthetic fibers such as acrylic staple and polyester filament. The company's products find application in various industries, including the textile, apparel, rubber, automobile, housewares, consumer electronics, chemicals, pharmaceutical and auxiliary industries. The company has its own utilities system, environmental protection system, and loading and unloading handling facilities for marine, inland waterway, railway, and highway transportation. It operates primarily in China, with a focus on the domestic market. Sinopec is headquartered in Shanghai, China.
Headquarters
China
Address
No.48 Jinshan District Jinyi Road, Shanghai, 20054
Website
spc.sinopec.com
Telephone
86 21 57941941
No of Employees
6,996
Industry
Chemicals
Ticker Symbol & Exchange
600688 (SHA)
Revenue (2024)
$12.1B
-6.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
122.5%
(2024 vs 2023)
Market Cap*
$3.5B
Net Profit Margin (2024)
XYZ
123.8%
(2024 vs 2023)
* As of and is in US$
Sinopec Shanghai Petrochemical Co Ltd premium industry data and analytics
Products and Services
| Products |
|---|
| Gasoline |
| Diesel |
| Jet fuel |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In August, the company secured a contract for ACWA Power's green hydrogen and ammonia project in Saudi Arabia. |
| 2025 | Acquisitions/Mergers/Takeovers | In May, the company acquired a minority stake in Contemporary Amperex Technology Co Ltd. |
| 2025 | Plans/Strategy | In January, the company announced its plans to upgrade its operations through an investment of US$2.91 billion. |
Competitor Comparison
| Key Parameters | Sinopec Shanghai Petrochemical Co Ltd | Shanxi Meijin Energy Co Ltd | China Petrochemical Development Corp | Yueyang Xingchang Petro-Chemical Co Ltd | Maoming Petro-Chemical Shihua Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | Taiwan | China | China |
| City | Shanghai | Taiyuan | Kaohsiung | Yueyang | Maoming |
| State/Province | Shanghai | Shanxi | - | Hunan | Guangdong |
| No. of Employees | 6,996 | 10,103 | 1,030 | 882 | 903 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Guo Xiaojun | Chairman | Executive Board | 2024 | 57 |
| Du Jun | Chief Financial Officer; Vice President; Director | Executive Board | 2021 | 56 |
| Huang Xiangyu | Director; Vice President | Executive Board | 2020 | 58 |
| Liu Gang | Secretary | Senior Management | 2023 | 54 |
| Li Shantao | Deputy General Manager | Senior Management | 2023 | 48 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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