Shanghai Petrochemical Company Limited
Shanghai, China
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Product Description
Company Info
Address:
Jinshan Dist, Shanghai
Business Type:
Manufacturer/Factory
Business Range:
Chemicals
Main Products:
Petrochemical
Company Introduction:
Shanghai Petrochemical Company Limited (the "Company") is one of the largest petrochemical enterprises in the People′s Republic of China("PRC"). It is also one of the largest PRC producers of ethylene, one of the most important intermediate petrochemicals used in the production of synthetic fibres, resins and plastics. With the exception of petroleun products, the Company is a major competitior in every sector of the PRC market in which it cmopetes.
Located in Jinshanwei in the southwest of Shanghai, the Company is a highly integrated petrochemical complex which processes crude oil into a broad range of synthetic fibres, resins and plastics, intermediate petrochemicals and petroleum products. The Company sells substantially all of its products in the PRC domestic markets and derives most of its revenues from customers in Eastern China, one of the fastest growing regions in the PRC.
The Company′s rapid development is supported by the increasing demand in the PRC for downstream petrochemical products. Relying on the competitive advantage from its vertical integration, the Company is improving its product mix and the quality and variety of its existing products, upgrading technology and increasing capacity for essential upstream products.
In July 1993, the Company became the first company organised under the laws of the PRC to make a global equity offering, and its shares are listed on the Shanghai Securities Exchange, The Stock Exchange of Hong Kong Limited and the New York Stock Exchange.
Since the listing of its shares, the Company has drawn both domestic and international attention. The Company has won the Best Disclosure Award organised by The Stock Exchange of Hong Kong Limited in 1996. It is the first time that a Chinese joint stock limited company was recognized for achieving high standards of management and operations, as well as continued earnings growth. The Company has developed a reputation of being a world-class company with high growth potential.
Located in Jinshanwei in the southwest of Shanghai, the Company is a highly integrated petrochemical complex which processes crude oil into a broad range of synthetic fibres, resins and plastics, intermediate petrochemicals and petroleum products. The Company sells substantially all of its products in the PRC domestic markets and derives most of its revenues from customers in Eastern China, one of the fastest growing regions in the PRC.
The Company′s rapid development is supported by the increasing demand in the PRC for downstream petrochemical products. Relying on the competitive advantage from its vertical integration, the Company is improving its product mix and the quality and variety of its existing products, upgrading technology and increasing capacity for essential upstream products.
In July 1993, the Company became the first company organised under the laws of the PRC to make a global equity offering, and its shares are listed on the Shanghai Securities Exchange, The Stock Exchange of Hong Kong Limited and the New York Stock Exchange.
Since the listing of its shares, the Company has drawn both domestic and international attention. The Company has won the Best Disclosure Award organised by The Stock Exchange of Hong Kong Limited in 1996. It is the first time that a Chinese joint stock limited company was recognized for achieving high standards of management and operations, as well as continued earnings growth. The Company has developed a reputation of being a world-class company with high growth potential.
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