1. Different in nature: CITIC Petrochemical is a private enterprise and China Petrochemical is a large state-owned enterprise, which are different in nature.
2. Different projects: CITIC Petrochemical is engaged in the wholesale and retail of chemical products, while China Petrochemical is engaged in oil and gas exploration, development, mining, pipeline transportation and sales.
China Petrochemical Co., Ltd. is a large petrochemical enterprise group reorganized by the state on the basis of the former sinopec group in July 1998.