Business Description
Founded in 2000 and headquartered in Beijing, China Petroleum & Chemical Corporation (Sinopec) is one of China's largest integrated energy and chemicals companies, operating across the full value chain from oil and gas exploration to the sale of fuels, petrochemicals, and emerging clean energy products. The company extracts and refines crude oil and natural gas, distributes finished fuels through a nationwide network of depots and service stations, and manufactures a wide range of chemical products including plastics, synthetic rubber, fertilizers, and synthetic fibers. In recent years, Sinopec has expanded into new energy markets, offering hydrogen production and distribution services alongside solar, wind, and battery charging operations. It functions as a subsidiary of state-owned China Petrochemical Corporation.