Sinopec | Company Information from ICIS

China Petroleum & Chemical Corporation, referred to as Sinopec, is one of the largest integrated petroleum and petrochemical companies in China. In 2009, Sinopec had a turnover of RMB 1,3452bn.

Sinopec’s chemical business includes the production and sale of petrochemicals, polymers, synthetic fibres and rubbers, fertilizers and other chemicals. Other businesses include oil and gas exploration and production, refining, marketing, research and development and foreign trade.

Sinopec intends to strengthen its management to ensure safe, stable and high load operation of its chemical facilities, and plans to produce more higher value-added products. It further proposes to fully leverage on the strengths of its chemicals sales subsidiary to improve competitiveness by optimising operational process, improving sales networks and solidifying the linkage between production and sales.

In pursuit of building up an integrated energy and chemical company with strong competitive edges in the international market, Sinopec will continue with its strategy of ‘expanding resources, exploring markets and increasing competitiveness’.

Key Personnel

Board of directors

Chairman of the board: Su Shulin

Vice chairman of the board: Wang Tianpu

Vice chairman of the board: Zhang Yaocang

Director: Zhang Jianhua

Director: Wang Zhigang

Director: Cai Xiyou

Director: Cao Yaofeng

Director: Li Chunguang

Director: Dai Houliang

Director: Liu Yun

Independent non-executive director: Li Deshui

Independent non-executive director: Xie Zhongyu

Independent non-executive director: Chen Xiaojin

Independent non-executive director: Ma Weihua

Independent non-executive director: Wu Xiaogen

(Updated June 2010)

Contacts

Sinopec Company Structure

China Petroleum & Chemical Corporation is referred to as Sinopec and is one of the largest integrated petroleum and petrochemical companies in China. Its business covers exploration, development, production and marketing of petroleum and natural gas, refining and marketing, production and sales of petrochemicals, chemical fibres, chemical fertilisers, and other chemicals, pipeline transportation of petroleum and natural gas, import and export and import/export agency business of petroleum, natural gas, refined oil products, petrochemicals, other chemicals, and other commodities and technologies, R&D and application of technology and information.
More about Sinopec Structure

Sinopec Strategy & Financial Highlights

Sinopec’s strategy will focus on the following key areas: exploration and production segment; refining segment; chemical segment; marketing and distribution segment; and cost saving and capital expenditure. (Edited from annual report and company website). ICIS also provides you with key financial data listed in table form. More about Sinopec Strategy & Financial Highlights

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