Is there a joint venture company in Sinopec?

China Petrochemical Co., Ltd., referred to as "China Petrochemical" or "China Petrochemical" for short, is a super-large petrochemical enterprise group reorganized by the state on the basis of the original sinopec group 1998, and is a central enterprise directly under the State-owned Assets Supervision and Administration Commission of the State Council.

In 20 13, the company successively established four Sino-foreign joint ventures, namely, China-Korea (Wuhan) Petrochemical Co., Ltd., Maoming Petrochemical BASF Co., Ltd., Maoming Xinjinming Petroleum Co., Ltd. and Chongqing Aiwei Chemical Co., Ltd., and achieved phased results, such as Shanghai Gao Qiao NBR project, Yangzi Petrochemical Phenol-acetone joint venture project, Yangzi Petrochemical C9 resin joint venture project and Jiujiang air separation joint venture project, which substantially promoted the progress of Fujian Gu Lei refining and chemical integration project.

In 20 13, the cooperation between the company and domestic enterprises was further strengthened. Sino-foreign joint ventures such as Nanjing Petrochemical Oil Transportation Co., Ltd. and China Petrochemical Lubricant Shandong Co., Ltd. have been established one after another, and domestic joint ventures and cooperation have made positive progress.

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Reply time: 2021-11-08. Please refer to the latest business changes announced by Ping An Bank in official website.