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Home > Company Index > Energy > Integrated Oil & Gas > China Petrochemical Corporation

China Petrochemical Corporation
 PROFILE
Mammoth state-owned petroleum company China Petrochemical (Sinopec Group) has reorganized. The best of the company's assets have been pulled together as China Petroleum and Chemical (Sinopec Corp.), an integrated oil company that will sell a stake in itself to the public. Sinopec Corp. produces oil and gas from six fields in China; it has reserves of more than 3 billion barrels of oil equivalent. Its refined products are sold under the Sinopec brand at more than 13,700 company-owned gas stations throughout East and South China. Sinopec Corp.'s petrochemical products include synthetic resins, monomers and polymers, and intermediate products.

 COMPETITION
BP p.l.c. (BP)
CNOOC Limited (CEO)
PetroChina Company Limited (PTR)

 FINANCIAL OVERVIEW
1999 Sales (mil.): 41,890.50
1-Yr. Sales Growth: 23.0%
Employees: 690,000
Revenue per employee: $60,710.87

 KEY PEOPLE
• Li Yizhong
    CEO
• Zhang Baojian
    CFO

 CONTACT INFO
No. 6, Huixindong St., Chaoyang District
Beijing 100029, China
Phone: 86-10-6499-9249
Fax: 86-10-6498-5702
Online: Web Site

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