China Petroleum & Chemical Corporation

Type: Public
On the web: http://www.sinopec.com
Employees: 377,235
Employee growth: 1.0%

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, 2011:
Sales: $397,401.3M
One year growth: 37.4%
Net income: $11,613.5M
Income growth: 7.0%

Officers:
Chairman: Su Shulin
Vice Chairman and President: Wang Tianpu
CFO: Wang Xinhua

Competitors:
CNOOC
Exxon Mobil
PetroChina