Native name
|
中国石油化工集团公司 |
---|---|
State-owned enterprise | |
Industry | Financial services |
Founded | Beijing, China (1998) |
Headquarters | Beijing, China |
Area served
|
China |
Key people
|
Su Shulin (Chairman) |
Services | Holding company of oil and gas companies |
Profit | CN¥ 31,898,180,000 (2014) |
Total assets | CN¥ 2,228,366,180,000 (2014) |
Total equity | CN¥ 735,566,950,000 (2014) |
Parent | State-owned Assets Supervision and Administration Commission |
Subsidiaries | China Petroleum and Chemical Corporation (Sinopec Ltd.) |
Website | China Petrochemical Corporation |
Footnotes / references in consolidated basis |
China Petrochemical Corporation (Chinese: 中国石油化工集团公司) or Sinopec Group is Asia's largest oil refining and petrochemical enterprise, administered by SASAC for the State Council of the People's Republic of China. It is headquartered at Chaoyangmenwai in Beijing, across the road from the headquarters of fellow state-owned oil company and competitor CNOOC Group.
Sinopec Group ranked first in the Top 500 Enterprises of China in 2007, with its annual revenue over 1 trillion Chinese yuan.
It is the fifth largest company in the world in terms of revenue.
Its major subsidiary, China Petroleum and Chemical Corporation Limited, commonly referred to as "Sinopec Limited", is listed on the and the .
Sinopec Ltd. is involved in the production of various petroleum products, including gasoline, diesel, jet fuel, kerosene, ethylene, synthetic fibers, synthetic rubber, synthetic resins, and chemical fertilizers, in addition to exploration of crude oil and natural gas within China.