Sinopec Shanghai Petrochemical Company Limited
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Full Time Employees
- 8,039
- Sector
- Energy
- Industry
- Oil & Gas Refining & Marketing
- Address
- 48 Jinyi Road Shanghai People's Republic of China 200540
- IPO Date
- Feb 11, 2013
- CIK
- 0000908732
- Website
- spc.com.cn
- Similar Companies
- Business
- Sinopec Shanghai Petrochemical Company Limited manufactures and sells petroleum and chemical products in China. The company produces refined oil products including gasoline, diesel, jet fuel, liquefied petroleum gas and heavy oil; intermediate petrochemicals such as ethylene, propylene, butadiene, benzene, toluene, paraxylene, PTA, acrylonitrile, ethylene glycol, ethylene oxide and vinyl acetate; synthetic resins and plastics comprising polyethylene, polypropylene and polyvinyl alcohol; and synthetic fibers including acrylic staple, acrylic top, polyester staple and polyester industrial yarn. It operates an integrated refining and petrochemical complex in Jinshan District, Shanghai, with a comprehensive crude oil processing capacity of 16 million tons per year, ethylene production capacity of 700,000 tons per year, synthetic resins capacity of 908,000 tons per year and synthetic fibers capacity of 35,500 tons per year, serving domestic and international markets. Founded in 1972 as Shanghai Petrochemical Complex and restructured in 1993, the company is headquartered at No. 48 Jinyi Road, Jinshan District, Shanghai, and functions as a holding subsidiary of China Petroleum & Chemical Corporation (Sinopec). In January 2025, Sinopec Shanghai Petrochemical announces plans to invest 21.31 billion yuan ($2.91 billion) in a major operational upgrade, involving the decommissioning of 18 aging refining units and installation of advanced facilities to boost ethylene capacity by 1.20 million tons annually, diversify new materials production and enhance raw materials output over a three-year period pending shareholder approval. The company also renews framework agreements with Sinopec Group and Sinopec Corp in October 2025 to extend mutual product supply, sales services and comprehensive operations beyond December 2025, ensuring stable raw materials procurement including crude oil and petrochemical feedstocks.
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