SINOPEC Shanghai Petrochemical Co, Ltd.

NYSE:

SHI

SINOPEC Shanghai Petrochemical Co, Ltd. ("SPC"), located in Jinshan District of Shanghai, is one of the largest refining-chemical integrated petrochemical companies in China. It is one of the subsidiaries of China Petroleum & Chemical Corporation (Sinopec Corp.). It is also currently one of the most important domestic producers of refined oil products, intermediate petrochemicals, synthetic resins and synthetic fibers.
In the course of development, SPC has experienced four phases of large scale concentrated construction. By the end of 2008, it has built up an once-through crude oil processing capacity of 14,000,000 tons (comprehensive in-depth processing capacity available currently 10,000,000 tons per annum), an ethylene production capacity of 845,000 tons, an organic chemical feedstock production capacity of 2,642,000 tons, a plastic resins production capacity of 955,000 tons, a synthetic fiber feedstock production capacity of 1,140,000 tons, a synthetic fiber polymers production capacity of 589,000 tons and synthetic fibers production capacity of 436,000 tons per annum. SPC also has its own utilities system, environmental protection system, loading and unloading handling facilities for marine and inland waterway, railway and highway transportation. The major products fall into four catalogues: Refined oil products such as gasoline, diesel, jet fuel, LPG etc. Petrochemicals such as ethylene, propylene, butadiene, benzene, toluene, paraxylene, PTA, acrylonitrile, ethylene glycol, ethylene oxide, C5 fraction, acetic acid and vinyl acetate etc. Synthetic resins and plastics such as polyethylene, polypropylene, polyester chips, polyvinyl alcohol etc. Synthetic fibers such as acrylic staple, acrylic top, polyester staple, polyester filament, polyester industry yarn etc.

Key Facts

Auditor

Public Listing

Domicile

HQ/Management

Location of Key Operations

IR Contact

Pricewaterhousecoopers Zhong Tian LLP

IPO (July 26, 1993)

China

Shanghai, China

Internal

Analyst Coverage

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