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September 05, 2015 7:36 AM ET

Oil, Gas and Consumable Fuels

Company Overview of China Petrochemical Corporation

Company Overview

China Petrochemical Corporation, also known as Sinopec Group Company, operates as a petroleum and petrochemical enterprise in China and internationally. It specializes in the industrial investment and investment management activities; exploration, production, storage, transportation, marketing, and utilization of oil and natural gas; oil refining; wholesale of gasoline, kerosene, and diesel; and production, marketing, storage, and transportation of petrochemicals and other chemical products. The company also offers household fuel products, including oil products, lubricants, and LPG; and commercial fuel products, such as chemical products, lubricants, catalysts, asphalt, and natural gas. In ...

22 Chaoyangmen North Street

Chaoyang District

Beijing,  100728

China

Founded in 1998

28,785 Employees

Phone:

86 10 5996 0114

Fax:

86 10 5976 0111

Key Executives for China Petrochemical Corporation

Executive Director
Age: 58
Executive Director
Age: 51
Executive Director
Age: 50
Executive Director
Age: 53
Chief of Discipline Inspection
Age: 58
Compensation as of Fiscal Year 2015.

China Petrochemical Corporation Key Developments

Sinopec Eyes Stake In SIBUR

China Petrochemical Corporation may acquire as much as 10% stake in Public Joint Stock Company SIBUR Holding, according Russia & CIS Energy Newswire and Interfax, sources reported.

Sinopec Group Announces Chairman Changes

Sinopec Group announced that its chairman, Fu Chengyu, had retired and will be replaced by Wang Yupu.

Sinopec to Cut Jobs in Upstream Operations

Sinopec is planning to cut jobs, mainly in its upstream operations. This is part of the company's plans to enhance the operating performance of its exploration business. The company lay-offs could affect 200,000 by the decade's end.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 18, 2014
Sinopec Oilfield Equipment Corporation
Merger/Acquisition
September 17, 2014
Sinopec Petroleum Engineering Machinery Co., Ltd.
 

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