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    Sinopec Shanghai Petrochemical Co. Ltd. (SHI)

    32.74 Down 0.36(1.09%) 2:23PM EST - NYSE Real Time Price
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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://www.spc.com.cn

    Index Membership:N/A
    Sector:Basic Materials
    Industry:Oil & Gas Refining & Marketing
    Full Time Employees:14,127

    Business Summary 

    Sinopec Shanghai Petrochemical Company Limited, together with its subsidiaries, operates as a refining-chemical integrated petrochemical company primarily in the People’s Republic of China. It operates in 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 primarily for the textile and apparel industries. The Resins and Plastics segment offers polyester chips, which are used in processing polyester fibers, coating, and containers; low-density polyethylene resins and films that are used in insulated cables, mulching films, and molded products, such as housewares and toys; polypropylene resins, which are used in films, sheets, and molded products, such as housewares, toys, consumer electronics, and automobile parts; and PVA granules. The Intermediate Petrochemicals segment provides p-xylene, benzene, and butadiene that are used in the production of other petrochemicals, resins, plastics, and synthetic fibers. The Petroleum Products segment operates crude oil distillation facilities to produce vacuum and atmospheric gas oils that are used as feed stocks, as well as produces residual oil and low octane gasoline fuels. This segment also offers various transportation, industrial, and household heating fuels, including diesel oils, jet fuels, heavy oils, and liquefied petroleum gases. The Trading of Petrochemical Products segment is engaged 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. Guohua Ye , 47
    Chief Financial Officer, Exec. Director and Member of Remuneration & Appraisal Committee
    Mr. Jingming Zhang FCIS, FCS, 57
    Gen. Legal Counsel and Director of Strategy Research Department
    Mr. Qiang Jin , 50
    VP and Exec. Director
    Amounts are as of Dec 31, 2013 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.