Sinopec Shanghai Petrochemical Company Limited (Shanghai: 600688)

48 Jinyi Rd., Jinshan District
Shanghai, 200540, China
Phone: +86-21-5794-3143
Fax: +86-21-5794-0050
http://www.spc.com.cn

Overview

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 and plastics. It also makes petroleum-based fuels and oils and other intermediate petrochemicals, such as benzene. The company operates primarily within China; most of its revenues are from eastern China. Though it was founded as a maker of synthetic fibers, that segment is Shanghai Petrochemical's smallest now; petroleum products account for almost half of sales. China Petroleum & Chemical (Sinopec), which is controlled by the Chinese government, owns about 55% of Shanghai Petrochemical.

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Key Numbers from Hoover's UK

Key financials for Sinopec Shanghai Petrochemical Company Limited (Shanghai: 600688)

Company Type Public (Shanghai: 600688; NYSE: SHI [ADR])
Fiscal Year-End December
2010 Sales (mil.) £7,576.5
1-Year Sales Growth 55.1%
2010 Net Income (mil.) £270.9
1-Year Net Income Growth 80.0%
2010 Employees 16,369
1-Year Employee Growth (4.4%)
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Key People from Hoover's UK

Key people and executives for Sinopec Shanghai Petrochemical Company Limited (Shanghai: 600688)

Chairman Rong Guangdao
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Vice Chairman and President Wang Zhiqing
CFO Ye Guohua
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Top Competitors from Hoover's UK

Top competitors of Sinopec Shanghai Petrochemical Company Limited (Shanghai: 600688)

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Significant Developments

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Rankings from Hoover's UK

See how Sinopec Shanghai Petrochemical Company Limited (Shanghai: 600688) ranks in standard industry listings such as Fortune 500, S&P 500, and Dow Jones

  • #49 in FT Global 500 (June 2011)
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