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Sinopec Shanghai Petrochemical Company Limited, together with its subsidiaries, operates as a refining-chemical integrated petrochemical company primarily in the Peoples Republic of China. It operates in five segments: Synthetic Fibres, Resins and Plastics, Intermediate Petrochemicals, Petroleum Products, and Trading of Petrochemical Products. The Synthetic Fibres segment produces polyester and acrylic fibers primarily for the textile and apparel industries. The Resins and Plastics segment offers polyester chips, which are used in processing polyester fibers, coating, and containers; low-density polyethylene resins and films that are used in insulated cables, mulching films, and molded products, such as housewares and toys; polypropylene resins, which are used in films, sheets, and molded products, such as housewares, toys, consumer electronics, and automobile parts; and PVA granules. The Intermediate Petrochemicals segment provides p-xylene, benzene, and butadiene that are used in the production of other petrochemicals, resins, plastics, and synthetic fibers. The Petroleum Products segment operates crude oil distillation facilities to produce vacuum and atmospheric gas oils that are used as feed stocks, as well as produces residual oil and low octane gasoline fuels. This segment also offers various transportation, industrial, and household heating fuels, including diesel oils, jet fuels, heavy oils, and liquefied petroleum gases. The Trading of Petrochemical Products segment is engaged in the import and export of petrochemical products. The company was founded in 1972 and is based in Shanghai, the People's Republic of China. Sinopec Shanghai Petrochemical Company Limited is a subsidiary of China Petroleum & Chemical Corporation.
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