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Home > Company Index > Chemicals > Basic & Intermediate Chemicals & Petrochemicals > Sinopec Shanghai Petrochemical Company Limited

Sinopec Shanghai Petrochemical Company Limited
NYSE: SHI
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 NEWS FROM THE WIRES
Hong Kong stocks led higher by HSBC in early trade
Jul 30 2001 08:15 PM PDT

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 PROFILE
China's own entry into the world of giant chemical companies, Sinopec Shanghai Petrochemical Company, is one of that country's largest producers of ethylene, a crucial ingredient in the manufacture of synthetic fibers, resins, and plastics. It also makes petroleum-based fuels and oils and other intermediate petrochemicals such as benzene. The company, which operates primarily within China (most of its revenues are from Eastern China), has joint ventures with US firm Union Carbide and Japan's ITOCHU Corporation. The Chinese government's China Petroleum and Chemical Corporation, or Sinopec, owns about 55% of Shanghai Petrochemical.

 COMPETITION
Jilin Chemical Industrial Company Limited (JCC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 2,406.20
1-Yr. Sales Growth: 41.9%
Employees: 35,826
Revenue per employee: $67,163.51

 KEY PEOPLE
• Lu Yiping
    CEO

 CONTACT INFO
48 Jinyi Rd., Jinshan District
Shanghai 200540, China
Phone: 86-21-5794-3143
Fax: 86-21-5794-0050
Online: Web Site

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