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Sinopec Shanghai Petrochemical Co., LTD

Petrochemical enterprise
synonymShanghai Petrochemical Corporation(Modern petrochemical enterprise) generally refers to SINOPEC Shanghai Petrochemical Co., LTD
Sinopec Shanghai Petrochemical Industry Company limited by shares Formerly known as Shanghai Petrochemical Co., LTD., founded on June 9, 1993, the company is a joint stock limited company formed as part of the reorganization of the state-owned enterprise Shanghai Petrochemical Complex. Shanghai Petrochemical Corporation China Petroleum and Chemical Corporation (" Sinopec ") direct supervision and control. Sinopec completed its restructuring on February 25, 2000. After the reorganization is complete, China Petroleum and Chemical Corporation Limited Established. As part of this reorganization, Sinopec sold 4,000,000,000 of its shares in the Company State-owned legal person shares Capital stock , account for the company General capital 55.56% of the total was transferred to China Petroleum and Chemical Corporation Limited. China Petroleum & Chemical Co., Ltd. thus became the company's first Substantial shareholder . On October 12, 2000, the company changed its name to SINOPEC Shanghai Petrochemical Co., LTD.
Company name
Sinopec Shanghai Petrochemical Co., LTD
Establishment time
9 June 1993
Headquarters location
Shanghai
Type of company
State-owned enterprise
Annual turnover
93.014 billion yuan [12] (2023)
Unified social credit code:
91310000132212291W
Organization Code:
132212291
Registration Number:
310000000021453
Business status:
Start business
Company Type:
Co., LTD. (Taiwan-Hong Kong-Macao and domestic joint ventures, listed)
Date of establishment:
21 June 1993
Legal representative:
Wan Tao
Business term:
21 June 1993
Registered capital:
1,079,9285,500 (RMB)
Audit/Annual Inspection Date:
July 20, 2023
Registration authority:
Shanghai Market Supervision Administration
Company Address:
48 Jinyi Road, Jinshan District, Shanghai
Business scope:
General project: Petroleum products manufacturing (without hazardous chemicals); Chemical product production (excluding licensed chemical products); Synthetic fiber manufacturing; Plastic products manufacturing; Synthetic material manufacturing (free of hazardous chemicals); Manufacture of special chemical products (without hazardous chemicals); Recycling of renewable resources (except production scrap metal); Heat production and supply; Sewage treatment and recycling; Loading, unloading and handling; General goods storage services (excluding hazardous chemicals and other items requiring approval); Technical service, technology development, technology consultation, technology exchange, technology transfer, technology dissemination; Property management; Housing rental; Socio-economic advisory services; Advertising production; Advertising design, agency; Advertising release; High performance fiber and composite material manufacturing; Sales of high performance fiber and composite materials; Gas appliance production; Refined oil storage (without hazardous chemicals); Import and export of goods; Technology import and export; Sales of non-electric household appliances; Sales of chemical products (excluding licensed chemical products); Rental of special equipment; Leasing services (excluding licensed leasing services). (Except for the items subject to approval according to law, independently carry out business activities according to law with the business license) Permitted items: production of hazardous chemicals; Dealing in hazardous chemicals; Waterway general cargo transport; Transport of dangerous goods by water; Inspection services; Mobile pressure vessel/cylinder filling; Power generation business, transmission business, power supply (distribution) business; Gas operation; Gas vehicle filling operation; Tap water production and supply. (For projects subject to approval according to law, business activities can only be carried out after approval by relevant departments, and specific business projects shall be subject to approval documents or license certificates of relevant departments)
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Company profile

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EDITOR
Sinopec Shanghai Petrochemical Co., LTD
The company, formerly known as Shanghai Petrochemical Company limited by shares Established on June 9, 1993, the Company is a joint stock limited company formed as part of the reorganization of the state-owned enterprise Shanghai Petrochemical Complex. Shanghai Petrochemical Corporation China Petroleum and Chemical Corporation (" Sinopec Direct supervision and control. Sinopec completed its restructuring on February 25, 2000. After the reorganization is complete, China Petroleum and Chemical Corporation Limited Established. As part of this reorganization, Sinopec sold 4,000,000,000 of its shares in the Company State-owned legal person shares Capital stock , account for the company General capital 55.56% of the total was transferred to China Petroleum and Chemical Corporation Limited. China Petroleum & Chemical Co., Ltd. thus became the company's first Substantial shareholder . On October 12, 2000, the company changed its name to SINOPEC Shanghai Petrochemical Co., LTD.
The development of Shanghai Petrochemical has experienced six stages of large-scale centralized construction, and by the end of 2012, it has a comprehensive crude oil processing of 16 million tons/year. ethene 845,000 tons/year, 4.4 million tons/year of organic chemicals, 1 million tons/year of synthetic resins, 1.14 million tons/year of synthetic fiber raw materials, 590,000 tons/year of synthetic fiber polymers, Synthetic fibre 340,000 tons/year Productive capacity And has an independent public works, environmental protection system, and Marine, inland shipping, railway transport, road transport supporting facilities. The main products of Shanghai Petrochemical are divided into four categories, including petroleum products: gasoline, diesel, aviation kerosene, liquefied petroleum gas, etc.; Chemical products include: ethylene, propylene, butadiene, pure benzene, toluene, p-xylene, refined terephthalic acid, acrylonitrile, Ethylene glycol , Ethylene oxide , Vinyl acetate Carbon five, etc.; Synthetic resin and synthetic polymer products include: polythene , polypropylene , polyester, Polyvinyl alcohol Etc.; Synthetic fiber products include: Acrylic fiber Staple fibre , Acrylic top strip , Polyester staple fibre Polyester industrial filament, etc.
In 2012, Shanghai Petrochemical processed 11,193,500 tons of crude oil, produced 1,020,300 tons of gasoline, 4,027,900 tons of diesel oil, 830,600 tons of aviation kerosene, 914,700 tons of ethylene, 504,400 tons of propylene, 866,200 tons of p-xylene, and synthetic resins copolymer 1,0887,500 tons, the production of synthetic fiber monomer 1,015,600 tons, synthetic fiber polymer 636,100 tons, synthetic fiber 251,600 tons, the cumulative power generation of 2.875 billion KWH. At present, Shanghai Petrochemical is following Sinopec's overall development strategy and industrial layout strategy, as well as the company's development strategy of low cost and differentiation, scale and refinement, focusing on low cost and scale in the upstream, high value-added and refinement in the downstream, giving full play to the company's advantages of wide product chain, product diversification and proximity to the market, and improving the company's competitiveness.
Shanghai Petrochemical has always attached importance to the establishment of good Corporate image Actively perform Social responsibility To make unremitting efforts to revitalize China's petrochemical industry; Always adhere to the standardized operation, committed to return shareholders with good business performance; We have always been responsible for providing customers with high-quality petrochemical products and good service, and have won many awards from all walks of life. In 2006, the company won the country Occupational health Model enterprise title. In 2008 the company was China Association for Quality Awarded as the national implementation of user satisfaction project advanced unit, user satisfaction enterprise. In 2010, the company was All-China Environment Federation Awarded "Zhonghua" Environmentally friendly enterprise "Title. In 2011, the company won the title of "National Petroleum and Chemical Environmental Protection Advanced Unit". In 2011, 2008, 2005, the company was awarded three consecutive" National civilized unit "Title. In 2012, the company was awarded as "2010-2011 Shanghai Contract and Credit Enterprise" and "2010-2011" by Shanghai Contract and Credit Promotion Association Annual contract AAA credit enterprise "(valid for 2 years). In 2012, the company was ranked 7th in the list of "Top 100 tax paying Enterprises in 2012" in Shanghai. In... wealth The company was ranked 39th in "China Top 500 List 2012" by "China Top 500" magazine. In "2013 China Corporate social responsibility In the "Ranking", the company ranks 29th.

Historical evolution

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The first phase of the project was driven in 1974, completed and put into production in 1976, and built to produce ethylene, polyester, vinylon , acrylic fiber, plastic based 18 sets of production equipment. The construction of the project to promote our country to master petrochemical Chemical fiber New technologies, independent production of petrochemical products, accelerating the development of synthetic fiber industry, and solving the problem of people's clothing have contributed.
The second phase of the project began in 1980 and was fully completed in 1985, with the main construction of 10 sets of production plants. The project has increased the production capacity of Shanghai Petrochemical by 200,000 tons of synthetic fiber raw materials annually.
The third phase of the project began in 1987 and was fully completed in 1992, with seven sets of production plants with an annual output of 300,000 tons of ethylene. After the completion of the project, Shanghai Petrochemical became the country's largest refining and chemical integration, highly comprehensive Petrochemical industry Production base.
In 1993, Shanghai Petrochemical was restructured from the former Shanghai Petrochemical Plant into Shanghai Petrochemical Co., LTD. The shareholding system makes Shanghai Petrochemical one step ahead of the Chinese petrochemical industry Modern enterprise system The basic framework, out of a line with China's national conditions, with the characteristics of Shanghai petrochemical State-owned enterprise reform The road to development.
The fourth phase of the project began in 2000 and was completed in 2002. Mainly carried out a series of connotation and potential improvement projects with an annual output of 700,000 tons of ethylene. The project enables Shanghai Petrochemical to improve its production scale, technical level, product quality, Sales revenue The comprehensive strength and other aspects have reached a new level.
From 2003 to 2009, Shanghai Petrochemical carried out the main line to optimize the structure and achieve sustainable development Structural adjustment Project (Phase 5 project) construction. It mainly includes the construction of 3.3 million tons/year diesel hydrogenation unit, 1.2 million tons/year delayed coking unit and other refining "bottleneck" projects, and the construction of 600,000 tons/year PX Aromatics complex 150,000 tons/year carbon five separation device, 380,000 tons/year glycol device, etc Comprehensive utilization of resources Items and items Energy saving and environmental protection Project. Through the structural adjustment project, Shanghai Petrochemical further optimized the resources and Product structure To maintain the integration of refining and chemical industry Competitive advantage From scale, cost, Technical content Improve the competitive strength of enterprises in terms of product quality.

Development prospect

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Phase of Shanghai Petrochemical Strategic objective Yes:
During the "12th Five-Year Plan" period, Shanghai Petrochemical will be guided by the scientific outlook on development, in accordance with the overall development strategy of Sinopec Industrial layout Strategy and the company's development strategy of low cost and differentiation, scale and refinement, focusing on upstream low cost, scale, downstream High added value Fine, give full play to the company Product chain Relatively wide, Product diversification And the advantage of being close to the market improves the company's Competitive ability .
By 2015, Shanghai Petrochemical will be built to have 16 million tons/year Crude oil comprehensive processing capacity 1.5 million tons/year ethylene, reasonable structure, asset optimization, excellent performance, excellent team, fine management, operation norms, with strong international competitiveness of the excellent enterprise, the station of Sinopec.

Various honors

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Shanghai Petrochemical has made unremitting efforts to revitalize China's petrochemical industry and won many honors.
Since the shareholding system reform, Shanghai Petrochemical has been rated as" Total profit and tax Ranking of Top ten enterprises in China Industry ", "Top 100 Enterprises of comprehensive economic strength of Listed companies in China", "Best Management Company in China", "Best. Information disclosure Company ", "Top 50 Listed Companies" in China, "National enterprises" respecting contracts and keeping promises ", national key industrial industries "Top 10 Enterprises of Crude Oil Processing and Petroleum Products Manufacturing", "National customer satisfaction enterprises", AAA credit rating units of China Foreign trade enterprises, "National Occupational Health Demonstration Enterprises", etc. Won the "National Best enterprise image unit", "National 'May Day' Labor Award" advanced collective, "National Advanced Unit of spiritual civilization creation work", "National ideological and political work excellent enterprise", "National Openness of factory affairs Advanced Unit ", "National Patriotic Army support Model Unit" and other titles, won the "best industrial enterprise image unit in Shanghai", "Shanghai Construction industrial new highland Strive for excellence activities Advanced Enterprise ", "Shanghai Advanced grass-roots Party Organization" and other titles. Since 1998, the company has set 24 new records for Chinese enterprises in ethylene production, acrylic fiber production and acrylonitrile production.
In January 2009, it was awarded the honorary title of "the second batch of National civilized Units" by the Central Spiritual Civilization Construction Steering Committee. [1]
In October 2021, it was awarded the title of "Shanghai Workers Pioneer in 2021". [6]
In April 2022, he was selected The Beijing Winter Olympic and Paralympic Games made outstanding contributions to the collective List of persons to be commended. [7]
On April 8, 2022, it was commended by the Central Committee of the Communist Party of China and The State Council for outstanding contributions to the Beijing Winter Olympic and Paralympic Games. [8]
In September 2022, SINOPEC Shanghai Petrochemical Co. LTD Oil refining Ministry 4 oil refining Combined plant The operation of class A won the first Shanghai workers A vanguard. [10]

Corporate culture

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1. Shanghai Petrochemical Corporate culture system There are four levels:
That is, the spirit and culture of the enterprise, the system and culture of the enterprise Behavior culture corporate Material culture .
2. Shanghai Petrochemical Enterprise purpose :
Give back to society with the best.
3. Shanghai Petrochemical Enterprise spirit :
In the mid-1980s, Shanghai Petrochemical summarized and refined the sixteen words "Jinshan Spirit" of "hard work, science and truth, unity and progress, dedication".
"Challenge to advanced level" is the enterprise spirit of Shanghai Petrochemical in the new century. Its basic characteristics and the connotation of The Times can be summarized as the "four seeking spirit" of "seeking truth, seeking victory, seeking progress and seeking novelty".
4. Shanghai Petrochemical Corporate creed :
The corporate creed of Shanghai Petrochemical is "justice, integrity, constancy and essence".
5. Shanghai Petrochemical Enterprise management Concept:
The core content of the management concept of Shanghai petrochemical enterprise is Fine management . The basic connotation of fine management is: to strive for excellence Operation and management active Value orientation ; To carve as the basic requirements of the management process; To fine quality as management Management result The standard of measurement.
6. Shanghai Petrochemical Enterprise strategic objective :
Shanghai Petrochemical defines the strategic development goals of the enterprise as "creating domestic first-class, striving for international advanced" and "having. International competitiveness Modern petrochemical enterprises ".
Seven, the corporate image of Shanghai Petrochemical slogan:
"Three people" connect you, me and him, Shanghai petrochemical sentiment tens of thousands.
Every leap is a new starting point.
8. Employees of Shanghai Petrochemical Professional ethics Basic requirements:
The basic requirements of professional ethics of Shanghai Petrochemical employees: dedication to the job to be a wise man, compliance with the discipline to be honest, Mingli and trustworthy to do civilized people.
Dedication to duty and understanding
Dedication: Loyal to the petrochemical industry, love the job, have professional ideals, ambitions, willing to contribute their wisdom and strength to the enterprise;
Duty: Fulfill one's duties, do one's best, master technology, master business, and become an expert in one's own work;
People who understand: Excellent thinking, technology and style, with the knowledge and ability needed to do the job well.
Obey the rules and be honest
Comply: Strictly abide by the enterprise's various Rules and regulations and Operating procedure Put an end to rules and regulations Habitual violation Phenomenon;
Discipline: Prohibition, obedience, good organization of the working class Sense of discipline ;
An honest person: Respect science, respect Objective law Realistic and pragmatic, practical and hard working, no falsification, no pendulum Mere appearance .
Be civilized and trustworthy
Bright Gift: Reasonable, polite, solidarity and cooperation between colleagues, mutual help and friendship, foreign business exchanges Be courteous and disciplined , hospitality;
Keep Word: Integrity-based, credibility, keep faith, to provide quality service for customers and others;
Civilized people: Promote modernity Professional civilization Respect for labor, respect for knowledge, respect for talent, respect for creation, strive for civilized positions, strive to be civilized workers.
9. Shanghai Petrochemical Corporate values :
- View of work : There is always room for improvement. To constantly improve and improve their work, in order to meet the fine requirements.
- Market view : Always only produce products that users need. firm Production and management The fundamental purpose is to meet people's needs, and all management activities should take this as the starting point.
-- Resource view: Natural resources Limited, unlimited human resources. The emphasis on fine management is to optimize the allocation of resources, natural resources to maximize the utility; The potential of human resources is unlimited and should be continuously developed.
10. Objectives of cultural construction of Shanghai Petrochemical enterprises:
Build with Value orientation The role is widely recognized and recognized by the majority of employees, and has a high degree of internal Cohesive force It has a wide range of external influence and promotes each other's strategic goals Corporate culture .

Foreign cooperation and exchanges

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The International Department of SINOPEC Shanghai Petrochemical Co., Ltd. is the foreign-related management window of the company headquarters. Foreign exchanges and cooperation are important for Shanghai Petrochemical Job content One of them. The International Department is responsible for the company's foreign liaison, reception, management of foreign experts, Bring in foreign intelligence , Import project To attract foreign investment and other foreign affairs Economic activity And implement full Process management ; Implemented against overseas institutions Administrative management ; In addition, it also undertakes anti-dumping matters related to the company Management function . In terms of foreign affairs reception, organize company leaders to meet with foreign governments, friendly associations, Industrial and commercial enterprise Boundary, Press circles People and other important visits Foreign affairs activities . In the management of foreign experts, the International Department works directly with the Shanghai Municipal Administration of Foreign Experts to implement foreign experts Safety management Insist on holding a foreign expert management work every six months Regular meeting . In the fight" Severe respiratory syndrome (SARS) In the foreign-related management, his achievements are outstanding and he has been praised in writing by the municipal government. In terms of foreign labor cooperation, the International Department is responsible for the negotiation and signing of foreign labor cooperation and the specific implementation of contracts. In 2003 and Russia polyester The stock company signed Technical training Contract: 21 Russian technicians receive technical training in the Polyester department for a period of 42 days; In 2004, 23 technicians of the National Iranian Petrochemical Company received a 35-day technical training at the Ministry of Refining and Chemical. in Imported technology In terms of projects, the main work is focused on the new round Investment project Foreign technical exchange, bidding, Contract negotiation Foreign-related management of joint venture projects Engineering project the Completion acceptance . In terms of anti-dumping, the company participated in 2004 Polyester chip Korean Hyosung company anti-dumping proposal.
In August 2022, Shanghai Petrochemical said it applied to voluntarily transfer it American depositary shares From New York Stock Exchange Delist. [9]

Organizational structure

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EDITOR
Organizational structure [2]

Business scope

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EDITOR
Crude oil processing, oil products, chemical products, synthetic fibers and monomers, plastics and products, needles Textile raw material And products, Catalyst preparation Waste recycling, electric heating and gas supply, water treatment, Railway handling , Inland waterway transport Dock, storage, design Research and development , "four technology" service, property management, own House rental , within the system Staff training , design and produce all kinds of advertisements, use their own media to publish advertisements (involving license operation) [3]

Company development

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EDITOR
Sinopec Shanghai Petrochemical Co., LTD. (hereinafter referred to as Shanghai Petrochemical Co., LTD.) is a subsidiary of China Petrochemical Corporation Holding subsidiary Located in Shanghai Jinshan District It is one of the largest refinery and chemical integrated petrochemical enterprises in China, and also an important producer of refined oil products, intermediate petrochemical products, synthetic resins and synthetic fibers in China. The predecessor of Shanghai Petrochemical was Shanghai Petrochemical Complex, which was founded in 1972. In 1993, after Shareholding system in state-owned enterprises After standardized reform, Shanghai Petrochemical became the first company in China to be listed in Shanghai, Hong Kong and New York at the same time. At present, the total share capital of Shanghai Petrochemical is 7.2 billion shares, of which 4 billion shares are held by China Petrochemical Corporation Limited (SINOPEC). A share ), accounting for 55.56% of the total share capital; Social legal person stock 150 million shares (A shares), accounting for 2.08% of the total share capital; Inside the country RMB Common stock 720 million shares (A shares), accounting for 10% of the total share capital; Overseas listing Foreign share 2.33 billion shares ( H shares ), accounting for 32.36% of the total share capital. Sinopec Shanghai Petrochemical Co., LTD Buffett Magazine , the world Enterprise competitiveness Laboratory, World Economist Weekly Ranked 32nd among the top 100 listed companies in China in 2010 (7th). In December of the same year, it was selected into the "Buffett Magazine" China's 25 Most Respected Listed Companies award, ranking 15th.
The development of Shanghai Petrochemical has experienced five stages of large-scale concentrated construction, and by the end of 2009, it had Primary processing Crude oil 14 million tons/year (integrated processing crude oil 12 million tons/year), ethylene 845,000 tons/year, organic chemical raw materials 3.22 million tons/year, plastic resin 960,000 tons/year, synthetic fiber raw materials 1.14 million
Shanghai petrochemical geographical location map [4]
Tons/year, synthetic fiber polymer 590,000 tons/year, synthetic fiber 400,000 tons/year production capacity, and has independent Public works , Environmental protection Systems, shipping, Inland shipping , railway transportation, Road transport Supporting facilities . The main products of Shanghai Petrochemical are divided into four categories, among which Petroleum product Including: gasoline, diesel, Aviation kerosene , Liquefied petroleum gas Etc.; Chemical products include: ethylene, propylene , butadiene , Purified benzene , toluene , p-xylene , essence Terephthalic acid , acrylonitrile Ethylene glycol, ethylene oxide, carbon five, Acetic acid Vinyl acetate, etc.; Resin and plastic products include: polyethylene, polypropylene, dacron , polyvinyl alcohol, etc. Synthetic fiber products include: Acrylic staple fiber , acrylic top, Polyester staple fibre , Polyester filament yarn Polyester industrial filament, etc.
In 2009, Shanghai Petrochemical processed 8.7578 million tons of crude oil, produced 800.6 million tons of gasoline, 2.8026 million tons of diesel oil, 67900 million tons of aviation kerosene, 927,700 tons of ethylene, 487,600 tons of propylene, and 1.0898 million tons of plastic resins and copolymers. It produced 902,700 tons of synfiber monomer, 599,700 tons of synfiber polymer and 241,300 tons of synthetic fiber, with a cumulative power generation of 2.360 billion KWH. At present, Shanghai Petrochemical is following the overall Sinopec Development strategy And industrial layout strategy and the company's low cost and differentiation, scale and fine development strategy, focusing on upstream low-cost, scale, downstream high value-added, fine, give full play to the company's wide product chain, product diversification and close to the market advantages, improve the company's competitiveness.
Enterprise sewage treatment plant
Shanghai Petrochemical has always attached great importance to establishing a good corporate image and made unremitting efforts to revitalize China's petrochemical industry. Always adhere to standardized operation, committed to use good Operating performance Return to shareholders; We have always been responsible for providing customers with high-quality petrochemical products and good service, and have won many awards from all walks of life. 2001, 2002 two consecutive years by the state Administration of industry and commerce The General Administration of the national "contract, keep promises" unit. In 2004, it was named AAA foreign trade Enterprise of China by the Ministry of Commerce Credit rating Unit, quilt China Quality Management Association Rated as the national customer satisfaction enterprise. 2005 Won the "National Civilized Unit" Honorary title . In 2006, it was awarded the title of national occupational Health Demonstration Enterprise. In the 2008 Fortune magazine "China's Top 100 Listed Companies" ranking, Shanghai Petrochemical ranked 33rd. In 2008, the company was once again awarded by China Quality Association as the national advanced unit of the implementation of customer satisfaction project and customer satisfaction enterprise.
November 20, 2019, "2019 Yangtze River Delta The list of Top 100 enterprises in Three provinces and one City was released, and SINOPEC Shanghai Petrochemical Co., Ltd. ranked 46th in 2018 Operating income $107,6491 million. [5]

Current leader

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EDITOR
Deputy General Manager: Li Shantao [11] [13]