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22 Chaoyangmen North St., Chaoyang District Beijing 100728, China Tel. +86-10-5996-0028 Fax +86-10-5996-0386 |
Type: Public
On the web:
http://www.sinopec.com
Employees:
373,375
Employee growth: 0.5%
China Petroleum and Chemical Corporation (Sinopec Corp.) is China's largest producer and supplier of refined oil products and its second-largest crude oil producer. It is also China's largest petrochemicals producer and distributor and the world's fourth-largest ethylene producer. Operations include oil and gas exploration and production; crude oil processing; oil products trading, transportation, distribution, and marketing; and petrochemicals manufacturing. In 2010 it reported proved reserves of 2.9 billion barrels of oil and 6.5 trillion cu. ft. of natural gas; it also owns more than 29,600 gas stations and 34 refineries. China's government controls about 76% of the company through Sinopec Group.
Key numbers for fiscal year ending December, 2010:
Sales: $289,273.1M
One year growth: 47.0%
Net income: $10,856.2M
Income growth: 20.2%
Officers:
Chairman: Su Shulin
Vice Chairman and President: Wang Tianpu
CFO: Wang Xinhua
Competitors:
CNOOC
Exxon Mobil
PetroChina
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