Higher Refining Output Lifts Sinopec's Profit By 34% In Q3
- Classification:Chemical Auxiliary Agent
- CAS No.:117-84-0
- Other Names:DiOctyle Phthalate DOP
- MF:C24H38O4
- EINECS No.:201-557-4
- Purity:≥99.5%
- Type:Plastic Auxiliary, Dop Plasticizer For Pvc
- Usage:Chemical Auxiliary Agent, Leather Auxiliary Agents
- MOQ::10 Tons
- Package:25kg/drum
- Shape:Powder
- Model:Dop Oil For Pvc
- Storage:Dry Place
China Petroleum & Chemical Corporation, or Sinopec, said on Thursday that it booked an increase of 34% in its net profit for the third quarter thanks to strong fuel sales and
Sinopec Group guarantees a large portion of Sinopec's offshore bonds, which have embedded cross-acceleration clauses. Sinopec is the group's main operating entity and a
Fitch Affirms Sinopec at 'A+'; Outlook Stable Fitch Ratings
- Classification:Chemical Auxiliary Agent, Chemical Auxiliary Agent
- cas no 117-84-0
- Other Names:Dioctyl Phthalate
- MF:C24H38O4, C24H38O4
- EINECS No.:201-557-4
- Purity:99.6%, 99.6%
- Type:Plastizer
- Usage:Plastic Auxiliary Agents, Plastic Auxiliary Agents, Rubber Auxiliary Agents
- MOQ:200kgs
- Package:200kgs/battle
- Advantage:Stable
- Payment:T/T
Fitch believes cross-default provision is of high permanence, as Sinopec Group has a long record and large amount of offshore capital-marketing financing. 'High' Strategic
Sinopec is China's biggest consumer of imported crude with a refining capacity of 5.78 million b/d at end 2021. The increase in throughput will underpin Sinopec's target of
Sinopec sees production reach record high Chinadaily.cn
- Classification:Chemical Auxiliary Agent, Chemical Auxiliary Agent
- cas no 117-84-0
- Other Names:Dioctyl Phthalate DOP
- MF:C6H4(COOC8H17)2
- EINECS No.:201-557-4
- Purity:99.5%, 99.9%min.
- Type:Adsorbent, plasticizer
- Usage:Plastic Auxiliary Agents
- MOQ::10 Tons
- Package:25kg/drum
- Shape:Powder
- Shape:Powder
- Model:Dop Oil For Pvc
China Petroleum and Chemical Corp saw its oil and gas equivalent production reaching historical highs in 2023, as the company stepped up oil and gas exploration and
7. Sinopec has upgraded the premium petroleum products fuel standard from National 1 Standard to National 6. 8. Sinopec is leading shale oil development in China's
Sinopec Releases 10 Significant Achievements of High
- Classification:Chemical Auxiliary Agent
- CAS No.:117-84-0
- Other Names:DOP Bis(2-ethylhexyl) phthalate
- MF:C24H38O4, C24H38O4
- EINECS No.:201-557-4
- Purity:99.5%min, 99.5%min
- Type:Adsorbent, Carbon Black
- Usage:Coating Auxiliary Agents, Leather Auxiliary Agents, Plastic Auxiliary Agents, Rubber Auxiliary Agents
- MOQ::10 Tons
- Package:25kg/drum
- Shape:Powder
- Model:Dop Oil For Pvc
- Storage:Dry Place
/PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has released the group's significant achievements in promoting high-quality
1 day agoTheir products are known for their durability and performance, making them a preferred choice for many oil Companies operating in China. Another prominent provider is
China Sinopec
- Classification:Chemical Auxiliary Agent
- CAS No.:117-84-0
- Other Names:Dioctyl Phthalate DOP
- MF:C6H4(COOC8H17)2
- EINECS No.:201-557-4
- Purity:99
- Type:Plasticizer Colorless Oily Liquid DOP for pvc and rubber
- Usage:Coating Auxiliary Agents, Electronics Chemicals, Leather Auxiliary Agents, Plastic Auxiliary Agents, Rubber Auxiliary Agents
- MOQ:200kgs
- Package:200kgs/battle
- Payment:T/T
- Certificate::COA
The Project plays an intergral part in promoting China-Saudi energy cooperation and the high-quality development of the Belt and Road cooperation. Allied with Saudi Aramco, Sinopec is
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- Does Sinopec have a competitive advantage?
- Sinopec holds around 80% of the groups' assets across industry chains, and accounts around 80% of the Group's EBITDA. We assess Sinopec as providing a 'High' competitive advantage for the Group, and is the primary platform to carry out national energy security and energy transition mandates for the parent.
- Is Sinopec a good stock to buy?
- Sinopec has a long record of smooth debt raising in the onshore and offshore markets. Moreover, it is dual listed on the Shanghai and Hong Kong stock exchanges and could also raise funds from the equity market. Sinopec is China's top refining and petrochemical supplier and is the main listing platform of Sinopec Group.
- Does Sinopec have a solid financial position?
- Solid Financial Position: Sinopec maintained net cash after its mid-stream asset disposals. We expect slightly higher leverage due to increased dividends and elevated capex, but EBITDA net leverage should stay below 1.0x.
- Will Sinopec cover future high CAPEX?
- Fitch believes future high capex can be covered mostly by strong operating cash flow, with a small gap to be closed by other funding channels. Sinopec has strong access to domestic banks, onshore and offshore bond markets and equity markets in 'A' and 'H' stock exchanges.
- Will Sinopec cut its capax?
- Sinopec in the report said it plans to reduce budgets in almost in every segment, resulting to a 12.3% year-on-year reduction in total capax to Yuan 165.8 billion. The heaviest cut is in its chemical segment, by 13.1% to Yuan 16.6 billion.