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Balance Sheet Cash Flow Statement 48 Jinyi Rd., Jinshan District Shanghai 200640, China Tel. +86-21-5794-3143 Fax +86-21-5794-0050 |
Type: Public
On the web:
http://www.spc.com.cn
Employees:
17,597
Employee growth: (8.6%)
China's own entry into the world of giant chemical companies, Sinopec Shanghai Petrochemical Company is one of that country's largest producers of ethylene, a crucial ingredient in the manufacture of synthetic fibers and plastics. It also makes petroleum-based fuels and oils and other intermediate petrochemicals, such as benzene. The company, which operates primarily within China (most of its revenues are from eastern China), has joint ventures with UK energy company BP, US chemicals firm Dow Chemical, and Japanese conglomerate ITOCHU Corporation. China Petroleum & Chemical (Sinopec), which is controlled by the Chinese government, owns about 55% of Shanghai Petrochemical.
Key numbers for fiscal year ending December, 2008:
Sales: $8,993.6M
One year growth: 21.3%
Net income: ($904.8)M
Officers:
Chairman of the Supervisory Committee: Gao Jinping
Vice Chairman and VP: Du Chongjun
Chairman and President: Rong Guangdao
Competitors:
BASF SE
ExxonMobil Chemical
PetroChina
