15. China Petroleum & Chemical Corp.

Company Snapshot
China Petroleum & Chemical Corporation, through its subsidiaries, operates as an integrated oil and gas, and chemical company in the People's Republic of China and Hong Kong.

Its oil and gas operations include exploring for, developing, and producing crude oil and natural gas; transporting crude oil, natural gas by pipelines; refining crude oil into finished petroleum products; and marketing crude oil, natural gas, and refined petroleum products.

As of December 31, 2007, the company had proved reserves of approximately 2,651 million barrels of oil and 6,331 billion cubic feet of natural gas.

The company's chemical operations include the manufacture and marketing of chemicals for industrial uses.

Its products include various petrochemical products, including basic organic chemicals, intermediates, monomers and polymers for synthetic fiber, synthetic resin, synthetic fiber, synthetic rubber, and chemical fertilizers.

China Petroleum & Chemical Corporation has a strategic alliance with McDonald's Corp. to open 'Drive Thru' restaurants at company's gas stations.

The company was founded in 2000 and is based in Beijing, the People's Republic of China.

China Petroleum & Chemical Corporation is a subsidiary of China Petrochemical Corporation.

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View the latest financial information on Business Week's Company Insight Center

Tianpu Wang, 45
TITLES
President, Director and Member of Strategy Committee
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