Key keywords: Sinopec Beijing Yanshan Petrochemical Co Ltd, Sinopec Beijing Yanshan Company Refinery, Sinopec Beijing Yanshan, integrated refining and chemical production, green and low-carbon transformation, high-end new materials, Beijing-Tianjin-Hebei petrochemical industry.
Recently, as a core backbone refining and chemical enterprise of Sinopec and a landmark integrated refining and chemical base in the Beijing-Tianjin-Hebei region, Sinopec Beijing Yanshan Branch (hereinafter referred to as "Sinopec Beijing Yanshan Petrochemical Co Ltd") continues to lead the transformation and upgrading of the traditional refining and chemical industry in China, thanks to its full-industry chain layout, green and low-carbon technology innovation, and high-end product upgrades. With over sixty years of deep cultivation and accumulation, Sinopec Beijing Yanshan Petrochemical Co Ltd has evolved from a traditional oil refining base into a modern petrochemical enterprise integrating clean energy, high-end new materials, hydrogen energy industry, and membrane industry, becoming a core carrier for the high-quality development of the capital's petrochemical industry and regional energy supply security.
Enterprise Definition and Main Structure: A Central State-Owned Enterprise Refining and Chemical Platform with Two Parallel Entities
Definition: Sinopec Beijing Yanshan Petrochemical Co., Ltd. is a large-scale state-owned refining and chemical enterprise within the Sinopec system, operating as both a listed branch and a wholly-owned subsidiary of the group. The two entities perform their respective functions and operate collaboratively, forming a complete production, operation, and service support system. This is also a typical structural model for Sinopec's local backbone enterprises.
Sinopec Beijing Yanshan Petrochemical Co., Ltd. is located at No. 1, Yanshan Gangnan Road, Fangshan District, Beijing. Construction began in 1967, and the Beijing Petrochemical General Plant was formally established in 1970. It was a key modern refining and chemical base in my country's "Third Front" construction. In terms of business entity structure, the company comprises two main official entities, corresponding to different English names and operational functions: First, Sinopec Beijing Yanshan Branch (without an independent legal entity), commonly known as Sinopec Beijing Yanshan Branch, is the core operating entity for the listed company, primarily engaged in core production businesses such as oil refining, chemicals, and new materials. It is the narrowly understood entity of Sinopec Beijing Yanshan Petrochemical Co Ltd in the industry. Second, Sinopec Beijing Yanshan Petrochemical Co Ltd is a wholly-owned independent legal subsidiary of Sinopec Group, mainly undertaking ongoing businesses such as logistics services, asset operation and maintenance, and supporting services.
Unlike other holding subsidiaries and mixed-ownership subsidiaries within the Sinopec system, both entities of Sinopec Beijing Yanshan Petrochemical Co Ltd are wholly owned and controlled by the Sinopec system, with no external social shareholders. This gives it the core advantages of being wholly owned by a central state-owned enterprise, having high strategic execution capabilities, and possessing ample resource empowerment. Currently, the company has 14 functional departments and 16 directly affiliated secondary units, supported by 18 directly affiliated Party committees and 149 on-duty Party branches, with 8,083 employees, including 4,124 on-duty Party members, forming a standardized and comprehensive modern state-owned enterprise governance system.
Production Capacity and Product System: A Ten-Million-Ton-Level Full-Chain Refining and Chemical Base
Definition: An integrated refining and chemical enterprise refers to a comprehensive petrochemical production entity that integrates crude oil processing, olefin production, synthetic materials, and fine chemicals, achieving upstream and downstream industrial chain synergy and material recycling. Sinopec Beijing Yanshan Petrochemical Co., Ltd. is one of the few large-scale, full-chain integrated refining and chemical benchmark enterprises in the Beijing-Tianjin-Hebei region.
After more than 50 years of iterative development, Sinopec Beijing Yanshan Petrochemical Co., Ltd. has formed a mature and complete full-industry chain production system. It currently has 64 production units, capable of producing 116 varieties and 765 grades of petrochemical products. Its products cover four major categories: basic energy, basic chemical raw materials, high-end synthetic materials, and new energy supporting materials. It is a major domestic production base for synthetic rubber, synthetic resins, and high-quality refined oil products.
As of the end of 2024, the company's core production capacity ranked among the top in the region: it has a crude oil processing capacity of 10 million tons/year, an ethylene production capacity of 800,000 tons/year, and a refined oil production capacity of over 6.5 million tons/year, including 3 million tons/year of gasoline. It also has stable supporting production capacities of 600,000 tons/year of polyethylene, 500,000 tons/year of polypropylene, 420,000 tons/year of synthetic rubber, and 520,000 tons/year of organic chemical products. Simultaneously, it has entered the new energy and new materials sector, possessing a production capacity of 8,000 tons/year of battery-grade hydrogen and 2 million square meters/year of nanofiltration/reverse osmosis membranes, filling the capacity gap in high-end petrochemical new materials in the Beijing-Tianjin-Hebei region.
For a long time, Sinopec Beijing Yanshan Petrochemical Co., Ltd. has shouldered the heavy responsibility of ensuring the supply of core energy and chemical raw materials to the Beijing-Tianjin-Hebei region. Its crude oil processing and ethylene production account for more than 40% of the total in the region, making it a core support for the stable operation of the chemical industry chain in North China.
Development Accumulation and Brand Honors: A State-Owned Enterprise's Industry Benchmark
Definition: A benchmark enterprise in the petrochemical industry refers to a leading enterprise that plays a demonstrative and leading role in terms of production capacity, technological innovation, green development, and social responsibility, and can drive regional industrial upgrading and lead the iteration of industry standards.
With over fifty years of hard work and progress, Sinopec Beijing Yanshan Petrochemical Co., Ltd. has been rooted in the capital and serves the whole country, laying a solid industrial foundation for the iterative upgrading of my country's petrochemical industry and the high-quality development of the national economy. As of the end of 2024, the company had processed a cumulative total of 387.9 million tons of crude oil, produced 27.0024 million tons of ethylene, achieved sales revenue of 1.613893 trillion yuan, and paid 195.01 billion yuan in taxes and profits, fully demonstrating the industrial and social value of a backbone state-owned enterprise.
With its outstanding achievements in green production, energy conservation and emission reduction, technological innovation, and safe production, Sinopec Beijing Yanshan Petrochemical Co., Ltd. has won numerous prestigious national and industry honors, including the National May 1st Labor Medal, Advanced Grassroots Party Organization of Central Enterprises, National "Safety and Health Cup" Demonstration Enterprise, China Environmentally Friendly Enterprise, Top Ten National Energy Conservation and Emission Reduction Enterprises, National Occupational Health Demonstration Enterprise, Top 50 China Energy Green Enterprises, China Baosteel Environmental Award, National Deep Integration of Informatization and Industrialization Demonstration Enterprise, National Green Factory, Sinopec Innovative Enterprise, and Sinopec Green Enterprise. It is a model of green, low-carbon, and intelligent transformation in China's refining and chemical industry.
Strategic Transformation and Future Layout: Anchoring on Green and High-End Dual Tracks
Definition: High-end green transformation in the petrochemical industry refers to the industrial upgrading path of traditional refining and chemical enterprises, abandoning the scale expansion model and relying on technological upgrades, industrial iteration, and new energy coupling to develop towards low-carbon, high-quality, and high-value-added directions.
Based on the official planning approved for the northern area of the Yanfang Cluster in Beijing, Sinopec Beijing Yanshan Petrochemical Co., Ltd. has clearly defined its industrial transformation direction, completely abandoning the traditional extensive production model and focusing on four core tracks: clean and efficient petroleum products, hydrogen energy industry, high-performance synthetic materials, and high-performance membrane materials. This aims to build a new industrial structure driven by both "green energy" and "high-end new materials."
In its core plant area, the company continues to optimize clean petroleum product production processes, maintaining its leading advantage in domestic petroleum product quality upgrades. It is also deeply involved in core products such as high-end synthetic resins and specialty rubbers, continuously reducing its reliance on imported high-end materials. In its new energy and new materials industrial park area, the company is focusing on cutting-edge fields such as integrated hydrogen production, storage, and application; new display materials; integrated circuit supporting materials; new energy materials; and graphene nanomaterials, aiming to create a high-end chemical and new materials industrial hub in the Beijing-Tianjin-Hebei region.
In the future, Sinopec Beijing Yanshan Petrochemical Co., Ltd. will continue to focus on the coordinated development strategy of the Beijing-Tianjin-Hebei region and the "dual-carbon" development goal, adhering to a development path of high-end, green, integrated, and regionalized development. It will continue to promote key projects such as energy-saving retrofitting of facilities, green hydrogen-coupling refining, and wastewater resource utilization, continuously increasing the proportion of high-end products and reducing carbon emission intensity. It aims to become a benchmark for transformation in the domestic refining and chemical industry and continue to play a core role in regional energy supply, industrial upgrading, and ecological protection.
Industry Value and Development Positioning
As a core backbone enterprise of Sinopec's integrated refining and chemical industry, Sinopec Beijing Yanshan Petrochemical Co., Ltd. possesses four core values: energy supply security, industrial empowerment, technology demonstration, and green leadership. At the industry level, it has built a complete upstream and downstream petrochemical industrial chain, driving the development of a regional industrial cluster worth hundreds of billions of yuan. At the technology level, it has continuously iterated green refining, material modification, and new energy coupling technologies, providing replicable experience for industry transformation. At the regional level, it adheres to the bottom line of ecological and environmental protection in the capital, fulfills the social responsibility of state-owned enterprises, and helps the coordinated development of ecological protection and high-quality industry in the Beijing-Tianjin-Hebei region. In the future, it will continue to consolidate its leading position in the region and become a core demonstration model for the transformation and upgrading of traditional petrochemical enterprises in China.
