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Sinopec Shanghai Petrochemical Co. Ltd. engages in the processing of crude oil into petroleum and other chemical products. Read More It operates through the following segments: Synthetic Fibers; Resins and Plastics; Intermediate Petrochemicals; Petroleum Products; Trading of Petrochemical Products; and Others. The Synthetic Fibers segment produces primarily polyester, acrylic fibers, and carbon fibers, which are mainly used in the textile and apparel industries. The Resins and Plastics segment includes polyester chips, polyethylene resins and plastics, polypropylene resins, and PVA granules. The Intermediate Petrochemicals segment covers p-xylene, benzene, and ethylene oxide. The Petroleum Products segment comprises of refined gasoline, fuel, diesel oil, heavy oil and liquefied petroleum gas, and provide raw materials for the group's downstream petrochemical processing facilities. The Trading of Petrochemical Products segment focuses on importing and exporting of petrochemical products. The Others segment consists of investment property leasing, service provision, and a variety of other commercial activities. The company was founded in 1972 and is headquartered in Shanghai, China.
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Yahoo FinanceMay 9
Should You Consider Sinopec Shanghai Petrochemical Company Limited?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! I've been keeping an eye on Sinopec Shanghai Petrochemical Company Limited (HKG:338) because I'm attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe 338 has a lot to offer. Basically, it is a dependable dividend-paying company that has been able to sustain great financial health over the past. In the following section, I expand ...
Yahoo FinanceMay 8