Sinopec Corp. – Research report and profile is a comprehensive database collection. The report comprises of the company’s structure & operations, SWOT analysis, firm’s products & services, and its corporate actions. Therefore, 360° analysis of the company is provided.
Features:
- Detailed information on Sinopec required for business and competitor intelligence needs
- In-depth study of the factors influencing Sinopec as SWOT Analysis
- Detailed analysis of Sinopec’s business model comprising breakdowns and examinations of the key business segment
- Track on Sinopec’s strategic business development
- News and press releases about Sinopec, such as business expansion, restructuring, and contract wins
- Easy to understand statistical charts & graphs showing key trends and data
Highlights:
Sinopec Corp., founded in 1998 is headquartered at Beijing, China. Sinopec Group is a petroleum and petrochemical enterprise group, based on the former China Petrochemical Corporation. It is a state-owned company solely invested by the state. It functions as a state-authorized investment organization in which the state holds the controlling share.
Sinopec Group’s key business activities include the overhaul and maintenance of petroleum and petrochemical equipments; the production, marketing, storage, transportation of petrochemicals, natural gas chemicals, coal chemicals and other chemical products; the exploration, design, consulting, construction and installation of petroleum and petrochemical engineering projects; the exploration, production, storage and transportation (including pipeline transportation),marketing and comprehensive utilization of oil and natural gas, and oil refining; the storage, transportation ,wholesale and retail of oil products. Other business activities include industrial investment and investment management; the production, marketing, storage and transportation of coal; the research and development, manufacturing and marketing of electrical and mechanical equipments; the production and marketing of electricity, steam, water and industrial gas; the research, development, application and consulting services of technology, e-business, information and alternative energy products; the import and export of self-support and agent commodity and technology; foreign project contracting, invite bidding, labour export; the international storage and logistics business..
In 2014, Sinopec Corp. employed around 358,571 employees. In the financial year 2014, Sinopec Group had USD 427.6 Billion sales, profits USD 7.7 Billion, assets USD 233.9 Billion with a market cap of USD 121 Billion.
Research & Development is Sinopec’s strength. Over the years, they have successfully developed the products like SJ gasoline engine oil and CF-4 diesel engine oil, specialized lubricant applied in spaceships and in satellites, high-performance modified asphalt used in Beijing National Stadium “Bird’s Nest” and many more.
Sinopec’s strategy is to develop a leading role in the Chinese petrochemical industry by increasing production capacities, particularly for higher-margin products, and improving operating efficiency. HSE (Health, Safety and Environment) is its top priority. In 2014, Sinopec Corp. has won the Gold Tripod Award of the 10th China Capital Market Annual Conference. In addition, Petroceltic has announced the award of rig contract for the Ain Tsila project to Sinopec.
Sinopec’s main competitors are BASF SE, Exxon Mobil Corporation and Petrochina Company Ltd.
Reasons to Purchase:
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