China Petroleum & Chemical Corporation · Beijing China ·(NYSE: SNP)
Company Description
Phone: +86-10-6499-0060
Fax: +86-10-6499-0022
Rankings
- Hang Seng
- #37 in FT Global 500
View China Petroleum & Chemical Corporation Locations On A US Map
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China Petroleum and Chemical Corporation (Sinopec Corp.) is the largest refiner and petrochemical producer in China. Its parent, state-owned China Petrochemical (Sinopec Group), reorganized in 2000 and pooled the best of its assets as Sinopec Corp. Sinopec Corp.'s businesses include oil and gas exploration and production; crude oil processing; oil products trading, transportation, distribution and marketing; and petrochemicals manufacturing. It has proved reserves of 4 billion barrels of oil and more than 7 trillion cu. ft. of gas, and owns more than 29,000 gas stations. The government of China controls about 75% of the company through the Sinopec Group. To read the full description, subscribe now.
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Key China Petroleum & Chemical Corporation Financials
| Company Type | Public - NYSE: SNP Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $211,861.5 |
| 2008 Employees | 358,304 |
China Petroleum & Chemical Corporation Executives
21 executives listed for China Petroleum & Chemical Corporation's Beijing, location.
| Title | Name & Bio | Contact |
| Chairman | Su Shulin | Network |
| Chairman, Supervisory Board | Wang Zuoran | Network |
| Vice Chairman and Independent Supervisor | Zhang Youcai | Network |
Competition
Competitive Landscape for China Petroleum & Chemical Corporation
Demand is driven by the health of the US economy because chemicals are used to make a wide variety of industrial and consumer products. The profitability of individual companies is closely tied to efficient operations. Big companies have large economies of scale in production. Small companies can compete effectively by producing specialty products, of which there are a large number, or by operating a single plant highly efficiently. The industry is capital-intensive: average annual revenue per employee is more than $500,000. To read the full description, subscribe now.Top China Petroleum & Chemical Corporation Competitors
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