Sinopec Yangzi Petrochemical Company Limited (former name Yangzi Petrochemical Co., Ltd.) is a wholly-owned subsidiary under China Petroleum & Chemical Corporation, with registered address of No. 28, Gaoke No. 1 Road, New & High Technology Industry Development Zone and registered capital of 16.33718 billion Yuan RMB. The Company is mainly engaged in refining crude oil, producing and marketing hydrocarbon derivatives. At present, the Company operates more than 60 sets of large-scale petrochemical units, including 9 million t/a crude oil processing, 650 kt/a ethylene, 1.4 million t/a aromatics, 1.05 million t/a purified terephthalic acid (PTA), 870 kt/a plastics, 300 kt/a ethylene glycol and 210 kt/a butadiene and produces more than 9 million t/a products, covering over 60 varieties in 5 categories, i.e. polyolefin plastics, polyester feedstock, basic organic chemical raw materials, product oil, synthetic rubber. The Company is currently one of the largest suppliers of pure benzene, para-xylene, ortho-xylene, PTA, ethylene glycol, butadiene and ethylene oxide in China, with annual sales revenue of almost 60 billion Yuan RMB.