Sinopec Shanghai Petrochemical Co. Ltd. (SPTJF)

Overview

Sinopec Shanghai Petrochemical Company Limited, a subsidiary of China Petroleum & Chemical Corporation, is a major player in the petrochemical industry within the People's Republic of China. Founded in 1972 and headquartered in Shanghai, the company has developed substantial operations that cover a wide range of activities, from the manufacture and sale of petroleum and chemical products to the exploration, development, production, and sales of petroleum and natural gas. Its operations are segmented into five key areas: Synthetic Fibers, Resins and Plastics, Intermediate Petrochemicals, Petroleum Products, and Trading of Petrochemical Products, catering to a diverse clientele both domestically and internationally through its import and export services.

Products and Services

Synthetic Fibers: This segment produces materials such as polyesters, acrylic fibers, and carbon fibers, which are crucial to the textile and apparel industries. These fibers are known for their versatility and durability, making them essential for a wide range of clothing and textile products.

Resins and Plastics: Comprising the production of polyester chips, polyethylene resins and plastics, polypropylene resins, and PVA granules. Polyester chips are used in creating polyester fibers, coatings, and containers. Polyethylene and polypropylene materials find their applications in a vast array of products, including insulated cables, mulching films, molded items like housewares, toys, consumer electronics, and automotive parts.

Intermediate Petrochemicals: This segment focuses on the production of essential raw materials such as p-xylene, benzene, and ethylene oxide. These are indispensable in the manufacturing of other petrochemicals, resins, plastics, and synthetic fibers, serving as foundational components for a myriad of industrial processes.

Petroleum Products: The company operates crude oil refinery facilities, producing a broad range of refined products like gasoline, diesel oil, heavy oil, and liquefied petroleum gas. These products are vital to various sectors, powering engines, heating homes, and providing energy for industrial operations.

Trading of Petrochemical Products: Sinopec Shanghai Petrochemical Company Limited also engages in the robust trading of petrochemical products. It handles the import and export of a wide spectrum of petrochemical goods, facilitating global trade and the distribution of chemical products worldwide.