Sinpoec Group is a state owned Oil refining and petrochemical company that operates under State council of the People of China. It is one of the world’s largest Oil and Gas refineries.
Sinpoec is ranked on number 3 in the world in terms of annual revenue generation. As of 2007 their Annual revenue was more than 1 trillion Yuan.
Sinopec group is not just about exploration and production of Crude Oil or Natural Gas, but they also produce various other products like:
- Jet fuel
- Synthetic Fibers
- Synthetic Rubber
- Synthetic Resins
- Chemical Fertilizers