about-sinopec
Chemical
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Sinopec Corp. is the largest manufacturer and distributor of petrochemicals in China with petrochemical production sites located throughout China's eastern, central and southern areas featured by dynamic economy growth and strong market demand. It produces and distributes a great variety of petrochemical products, including intermediates, synthetic resin, synthetic fiber monomers and polymers, synthetic fiber, synthetic rubber and chemical fertilizer, etc. The Company integrates its petrochemical production with its refining business. Chemical feedstock (e.g. naphtha) is mainly supplied by the Company’s refineries. The Company distributes most of its petrochemical products in domestic market.


By the end of 2011, the capacity (including newly-built and expansion facilities in 2011), output and market share of the Company's major chemical products are as follows:


Sinopec Corp. has 13 ethylene plants (including 4 joint venture companies) with a total capacity of 9.425 million tpa by the end of 2011 and realized production was 9.894 million tons. Among them, 6 plants have built a capacity of over 0.6 million tpa for ethylene production, including Sinopec Shanghai Petrochemical Co., Ltd., Sinopec Beijing Yanshan Company, Sinopec Qilu Company, Sinopec Yangzi Petrochemical Co., Ltd., BASF-YPC Co., Ltd. and Sinopec Fujian Refining and Chemical Company. The ethylene production capacity in Sinopec Maoming Company, Zhenhai Refining and Chemical Company, Shanghai Secco Petrochemical Co., Ltd and Sinopec Sabic Tianjin Petrochemical Co. Ltd. exceeded 1.0 million tpa.


Sinopec Corp. has 30 synthetic resin plants with a total capacity of 12.9886 million tpa. In 2011, the output of synthetic resin was 13.652 million tons, representing a domestic market share of 22.05%.


Sinopec Corp. has 5 synthetic rubber plants with a total production capacity of 0.93 million tpa. In 2011, 0.99 million tons of synthetic rubber were produced, acquiring 25.1% of the domestic market share.


Sinopec Corp. has 15 synthetic fiber monomers and polymers plants with a total capacity of 9.2864 million tpa. In 2011, the output was 9.38 million tons, accounting for 20.33% of the domestic market share.


Sinopec Corp. has 15 synthetic fiber monomers and polymers plants with a total capacity of 9.2864 million tpa. In 2011, the output was 9.38 million tons, accounting for 20.33% of the domestic market share.


Summary of Production of Major Chemical Products


2011 2010 2009 Change from 2010 to 2011 (%)
Ethylene 9,894 9,059 6,713 9.2
Synthetic resin 13,652 12,948 10,287 5.4
Synthetic rubber 990 967 884 2.4
Synthetic fiber monomer and polymer 9,380 8,864 7,798 5.8
Synthetic fiber 1,388 1,393 1,302 -0.4

Note: 100% production of joint ventures was included.