Sinopec Shanghai Petrochemical ADR Repsg 100 H Ord Shs: Company Report

Sinopec Shanghai Petrochemical Company Limited is a China-based petrochemical company. The Company’s integrated petrochemical complex processes crude oil into a range of products in four product areas: synthetic fibers, resins and plastics, intermediate petrochemicals, and petroleum products. It is a producer of synthetic fibers and resins, and plastic products. During the year ended December 31, 2008, synthetic fibers, resins and plastics, intermediate petrochemicals, petroleum products and all other product categories accounted for 6.17%, 25.03%, 17.31%, 46.44% and 5.05% of total net sales, respectively. The synthetic fibers segment produces primarily polyester and acrylic fibers mainly used in the textile and apparel industries. The resins and plastics segment produces primarily polyester chips, low density polyethylene resins and films, polypropylene resins and polyvinyl acetate granules. The intermediate petrochemicals segment primarily produces ethylene and benzene.

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