Basic Corporate Introduction
Sinopec Anqing Petrochemical Company collectively refers to two entities: Sinopec Corporation Anqing Branch and Sinopec Group Asset Management Co., Ltd. Anqing Branch. Founded in July 1974, it is the largest centrally-administered production enterprise and the biggest petrochemical production base in Anhui Province.
Over more than 40 years of construction, reform and development, the company has expanded its operational scale, achieved steady growth in total crude oil processing volume and continuous improvement in technical and economic indicators. It has evolved into a super-large integrated enterprise covering petroleum refining, chemical production, chemical fiber manufacturing and thermal power generation, with annual operating revenue approaching RMB 50 billion and annual taxes and fees exceeding RMB 10 billion.
Complete Production & Supporting Infrastructure
Sinopec Anqing Petrochemical operates a full suite of core production units and supporting auxiliary facilities:
- Core process units
- Refining complex with an annual comprehensive crude processing capacity of 8 million tons;
- Shell pulverized coal gasification unit with a daily coal treatment capacity of 2,000 tons;
- More than 70 major production plants, including 330,000 t/a synthetic ammonia unit, 210,000 t/a acrylonitrile unit, 70,000 t/a acrylic fiber unit and 100,000 t/a ethylbenzene-styrene unit.
- Utility and logistics supporting facilities
- 200 MW power generation unit;
- Oil product terminal with an annual throughput of 7.6 million tons;
- Solid product shipping terminal (500,000 tons/year);
- LPG loading terminal (200,000 tons/year);
- Coal unloading terminal (800,000 tons/year);
- Water supply system with a daily water supply capacity of 240,000 tons;
- Exclusive on-site railway line stretching 13 kilometers in total length.
By the end of 2016, the company had 5,058 registered employees. Its original value of fixed assets reached RMB 20.641 billion, with a net fixed asset value of RMB 11.121 billion. Cumulative taxes paid to central and local governments surpassed RMB 60.5 billion, delivering remarkable contributions to national and regional economic growth.
Development Philosophy and Strategic Goals
Adhering to the development philosophy of innovation, coordination, green development, openness and shared benefits, Sinopec Anqing Petrochemical closely aligns itself with Sinopec Group’s strategic target of building a world-class energy and chemical enterprise.
The company sticks to its mission of "enterprise growth, employee well-being, regional harmony and social recognition", and carries forward the corporate spirit of "seeking truth, pursuing innovation and striving for excellence". It set out to build itself into a top-tier refining and chemical enterprise featuring well-optimized unit layout, ideal product mix, and coordinated development of propylene and aromatic hydrocarbon businesses by the end of the 13th Five-Year Plan period.
