| Business Summary | | Sinopec
Beijing
Yanhua
Petrochemical
Company
Limited,
formerly
known
as
Beijing
Yanhua
Petrochemical
Company
Limited,
is
one
of
the
largest
producers
of
resins
and
plastics
in
People's
Republic
of
China.
Sinopec
Beijing
Yanhua
Petrochemical
is
also
one
of
the
largest
producers
of
ethylene
in
China.
The
Company
produces
over
40
types
of
products.
The
Company's
products
under
resin
and
plastics
are
LDPE,
polypropylene,
HDPF,
polyester
chips,
and
polystyrene.
Synthetic
rubber
products
include
Cis-polybutadiene
and
SBS,
while
basic
organic
chemical
products
are
phenol,
ethylene
glycol,
ethylene,
and
acetone.
The
Company's
production
processes
are
highly
integrated,
and
many
of
its
products
are
consumed
internally
as
feedstock
for
the
production
of
its
other
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Sinopec
Beijing
Yanhua
Petrochemical
Company
Ltd.
engages
in
the
production
of
resins,
plastics,
ethylene
and
a
broad
range
of
other
petrochemical
products
in
China.
For
the
fiscal
year
ended
12/31/98,
revenues
fell
14%
to
RMB5.38
billion.
Net
income
applicable
to
U.S.
GAAP
fell
73%
to
RMB216M.
Results
suffered
from
the
Asian
economic
crisis,
decreases
in
the
weighted
average
price
of
the
Company's
resin,
plastics
and
organic
chemical
products
and
increased
S/G/A
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Du Guosheng, 43 | Chairman | Qi Jiren, 58 | Deputy
Gen. Mang., Chief Accountant | Wen Xianzhao, 53 | Sec.,
Director | Li Jisuo, 43 | Deputy
Gen. Mang., Director | Lu Changqin, 54 | Deputy
Gen. Mang., Chemical Works No.1 |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|