Sinopec Shanghai Petrochemical Company Sets New Records in 2010

Sinopec Shanghai Petrochemical Company Limited, a subsidiary of China Petroleum and Chemical Corporation, set a new record in 2010 by processing a total of 10.52 million tonnes of crude oil. The daily crude oil processing volume was 211,265 barrels, slightly lower than the target of 215,000 barrels set earlier. The company also achieved a record ethylene output of 972,800 tons, solidifying its position as one of China's largest refining-chemical integrated petrochemical companies.

Key Takeaways:

Sinopec Shanghai Petrochemical Company processed a record 10.52 million tonnes of crude oil in 2010.
The company's daily crude oil processing volume was 211,265 barrels, slightly lower than the target of 215,000 barrels.
Sinopec Shanghai achieved a record ethylene output of 972,800 tons, a significant milestone for the company.
Sinopec Shanghai Petrochemical Company Limited is one of China's largest refining-chemical integrated petrochemical companies.
The company is also a major producer of refined oil products, intermediate petrochemicals, synthetic resins, and synthetic fibers.
Sinopec's performance was monitored by the Comtex SmarTrend Alert, which indicated an uptrend on SHI on November 29, 2010, and an uptrend on SNP on January 3, 2011.
The company's records were filed with the Xinhua News Agency, providing a reliable source of information.

Statistics:

10.52 million tonnes of crude oil processed in 2010 (Source: Xinhua via COMTEX)
211,265 barrels of daily crude oil processing volume (Source: Xinhua via COMTEX)
972,800 tons of record ethylene output (Source: Xinhua via COMTEX)
01-13-2011: Date of the article publication (Source: Xinhua via COMTEX)
49.85: Price of SHI on November 29, 2010 (Source: Comtex SmarTrend Alert)
97.47: Price of SNP on January 3, 2011 (Source: Comtex SmarTrend Alert)

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