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    Sinopec Shanghai Petrochemical Co. Ltd. (SHI)

    36.14 Down 3.28(8.32%) Nov 27, 1:01PM EST
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    Sinopec Shanghai Petrochemical Co. Ltd.
    48 Jinyi Road
    Jinshan District
    Shanghai, 200540
    China - Map
    Phone: 86 21 5794 1941
    Fax: 86 21 5794 2267
    Website: http://spc.sinopec.com

    Index Membership:N/A
    Sector:Basic Materials
    Industry:Oil & Gas Refining & Marketing
    Full Time Employees:13,313

    Business Summary 

    Sinopec Shanghai Petrochemical Company Limited, together with its subsidiaries, operates as a refining-chemical integrated petrochemical company in the People’s Republic of China. The company operates through five segments: Synthetic Fibres, Resins and Plastics, Intermediate Petrochemicals, Petroleum Products, and Trading of Petrochemical Products. The Synthetic Fibres segment produces polyester and acrylic fibers, which are used in the textile and apparel industries. The Resins and Plastics segment produces polyester chips that are used to produce polyester fibers, coating, and containers; polyethylene resins and plastics, which are used to produce insulated cable, mulching films, and molded products, such as housewares and toys; and polypropylene resins that are used for films, sheets, and molded products, such as housewares, toys, consumer electronics, and automobile parts; and PVA granules. The Intermediate Petrochemicals segment produces p-xylene, benzene, and ethylene oxide, which are used as raw materials in the production of other petrochemicals, resins, plastics, and synthetic fibers. The Petroleum Products segment operates crude oil distillation facilities that produce vacuum and atmospheric gas oils used as feedstock; and residual oil and low octane gasoline fuels, as well as produces various fuels, such as diesel oil, jet fuel, heavy oil, and liquefied petroleum gas for transportation, industry, and household heating usage. The Trading of Petrochemical Products segment is involved in the import and export of petrochemical products. The company was founded in 1972 and is based in Shanghai, the People's Republic of China. Sinopec Shanghai Petrochemical Company Limited is a subsidiary of China Petroleum & Chemical Corporation.

    Key Statistics

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    Key Executives 
    Mr. Zhiqing Wang , 53
    Chairman, Pres and Chairman of Nomination Committee
    Mr. Haijun Wu , 52
    Vice Chairman and VP
    Mr. Jinping Gao , 48
    Vice Chairman, VP and Exec. Director
    Mr. Guohua Ye , 47
    Chief Financial Officer, Exec. Director and Member of Remuneration & Appraisal Committee
    Mr. Qiang Jin , 50
    VP and Exec. Director
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.