Sinopec Shanghai Petrochemical Company Limited (Shanghai Petrochemical) is a petrochemical company. The Company and its subsidiaries are principally engaged in processing
crude oil into synthetic fibers, resins and plastics, intermediate petrochemicals and petroleum products. The Company operates in five operating segments. 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, polyethylene resins and films, polypropylene resins and polyvinyl alcohol (PVA) granules. The intermediate petrochemicals segment produces p-xylene, benzene and ethylene oxide. The petroleum products segment is equipped with crude oil distillation facilities used to produce vacuum and atmospheric gas oils used as feedstock of the Company's downstream processing facilities. The trading of petrochemical products segment is engaged in importing and exporting of petrochemical products.
June 21, 1993
Zhiqing WangChairman of the Board, General Manager
Jinping GaoVice Chairman of the Board, Deputy General Manager
Haijun WuVice Chairman of the Board
Xiaojun GuoDeputy General Manager, Director
Qiang JinDeputy General Manager, Director
Wenmin JinDeputy General Manager
Dianwu LeiOutside Director
Zhenglin MoOutside Director
Tingji CaiIndependent Non-Executive Director
Weifeng FuIndependent Non-Executive Director
Yunhong LiuIndependent Non-Executive Director
Yimin ZhangIndependent Non-Executive Director
No. 48, Jinyi Road, Jinshan District Shanghai, SHA China Phone: +86 21 57943143 Fax: +86 21 57940050 www.spc.com.cn
Net income grew by 87.38%, year over year, to (U.S.) $0.26 per share during the most recently completed quarter. This was among the strongest growth seen by any company in this industry.
The one analyst surveyed by Reuters Estimates that covers Sinopec Shanghai Petrochemical Co Ltd has rated the stock a strong buy. The rating changed on December 12, 2012 when it was upgraded from a buy.