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Sinopec Shanghai Petrochemical Co Ltd (SPC), a subsidiary of China Petroleum & Chemical Corporation, is an integrated refining and petrochemical company. It processes crude oil into synthetic fibers, resins and plastics, intermediate petrochemical products and petroleum products. The company's portfolio of products includes synthetic fibers, jet fuel, resins and plastics, diesel ethylene, heavy oil, gasoline, polyester chips, ethylene glycol and butadiene. SPC’s products find application in textile, apparel, rubber, automobile, housewares, consumer electronics, chemicals, pharmaceutical and auxiliary industries. The company also carries out other activities such as investment property leasing and other commercial activities. SPC is headquartered in Shanghai, China.
Headquarters
China
Address
No. 48, Jinyi Road, Jinshan District, Shanghai, 200540
Website
spc.sinopec.com/spc
Telephone
86 21 57943143
No of Employees
7,641
Industry
Chemicals
Ticker Symbol & Exchange
600688 (SHA)
Revenue (2022)
$12.3B
-7.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-243.6%
(2022 vs 2021)
Market Cap*
$3.3B
Net Profit Margin (2022)
XYZ
-255.4%
(2022 vs 2021)
* As of and is in US$
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 |
|---|---|---|
| 2023 | Plans/Strategy | In April, the company’s megawatt-level photovoltaic power station was connected to the grid for power generation. |
| 2023 | Corporate Awards | In February, the company was awarded at China Petroleum and Chemical Industry Federation Science and Technology Progress Awards. |
| 2023 | Contracts/Agreements | In January, the company and INEOS established a 50:50 joint venture for ABS (Acrylonitrile Butadiene Styrene). |
Competitor Comparison
| Key Parameters | Sinopec Shanghai Petrochemical Co Ltd | Shanxi Meijin Energy Co Ltd | Maoming Petro-Chemical Shihua Co Ltd | China Petrochemical Development Corp | Bestsun Energy Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | China | Taiwan | China |
| City | Shanghai | Taiyuan | Maoming | Kaohsiung | Beijing |
| State/Province | Shanghai | Shanxi | Guangdong | - | Beijing |
| No. of Employees | 7,641 | 5,989 | 744 | 1,301 | 2,002 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Wan Tao | Chairman | Executive Board | 2022 | 55 |
| Du Jun | Director; Vice President; Chief Financial Officer | Executive Board | 2021 | 52 |
| Guan Zemin | President; Executive Director; Vice Chairman | Executive Board | 2020 | 59 |
| Huang Xiangyu | Director; Vice President | Executive Board | 2020 | 55 |
| Liu Gang | Assistant - General Manager; General Counsel; Secretary | Senior Management | 2021 | 51 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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