Fuelling the world’s second largest economy is no kid’s play
China Petroleum & Chemical Corporation is one of the largest integrated energy and chemical companies in China. The company was incorporated on 25th February, 2000, by China Petrochemical Corporation and is a listed company on domestic and international stock exchanges. The scope of its business mainly covers oil and gas exploration and production, extraction, pipeline transmission and marketing; oil refining; production, marketing, storage and transportation of petrochemicals, chemical fibers, chemical fertilisers and other chemical products, etc.
1. The company is China’s largest producer and supplier of refined oil products (including gasoline, diesel and jet fuel, etc.)
2. It has more than 100 subsidiaries and branches
3. Funded by the State, it is a State authorised investment arm and state-owned controlling company