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In the past two years, Sinopec has cooperated frequently with multinational giants. The first of the three largest joint ventures took place in September 2001, when Sinopec's Yangzi Petrochemical and Basford jointly produced ethylene for US$2.9 billion. The second is the Shanghai SECCO ethylene project jointly established by Shanghai Petrochemical, Sinopec and BP not long ago, with a total investment of 100 million US dollars.
This is the third collaboration with ExxonMobil. This strategy of Sinopec is related to its own strength and future development strategy. In recent years, the company's stated strategic development goal is to become"An international integrated oil company", the goal of the business is also from the past"Love my China, revitalize petrochemical"Transformed into"Maximization of corporate profits, maximization of shareholder returns"。
To achieve these goals, it is necessary to face the reality that Sinopec's upstream extraction costs are still too high, with a self-sufficiency rate of only 30%, compared to the average baseline of 50% for the upstream business of an internationally integrated oil company; Compared with the single international oil price risk faced by PetroChina, Sinopec also faces multiple risks including the supply and demand of petrochemical products in the international market, economic prosperity and so on; In terms of gas station network management, Sinopec is still in a low-level competitive form. As a result, Sinopec will inevitably seek improvement in upstream mining, smelting in the middle and lower reaches and marketing of refined oil products at the same time.
In order to solve the upstream problem, the first is to directly acquire foreign oil fields, and it is said that Sinopec's parent company has spent 10 billion yuan to acquire foreign oil fields. The second is to cooperate with foreign petrochemical giants, in 2000 Sinopec was listed overseas, as a strategic investor BP purchased part of it, and according to the agreement, BP has the right to establish a refined oil retail joint venture with Sinopec, and the joint venture company to be established in Zhejiang is also part of the agreement. At present, bp has set up a refined oil retail company with PetroChina in Guangdong to operate 500 gas stations in Guangdong, and these cooperation will undoubtedly be indirectly of good strategic significance to solve upstream problems (especially after the domestic petrochemical retail and wholesale end is opened to foreign companies).
The third is to further strive for domestic mining capacity, which can be to increase exploration efforts, or to cooperate with domestic competitors, and perhaps in the future, the possibility of acquiring domestic petrochemical companies will not be ruled out. In the midstream and downstream, further increasing market share, increasing production capacity and operating efficiency are all feasible strategies. The above three large-scale cooperation is actually related to the middle and lower reaches, and their effect on Sinopec will be significant
First, it can introduce international business and management concepts, and second, it can diversify risks in a rapidly changing market such as petrochemicals, especially by multinational giants to act as a diversifying force; The third is to lay the foundation for deeper cooperation in the future.
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China Petrochemical Commodities Handbook.
PetroChina Drilling (CNPC) (Sinopec. CNOOC Volume) PetroChina Drilling: Sinopec CNOOC Volume.
Fundamentals of oil refining.
Genuine China Petroleum & Chemical Science & Technology Information Guide. 2008
Not all of them are available on the market.
It is advisable to search online.
Dangdang.com or **.com.
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Let me tell you, you first go to their official ** to see the introduction, and the other is to look desperately in the **F10 information.
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Introduction of Anshan Iron and Steel Group Corporation (Anshan Iron and Steel Group).
Anshan Iron and Steel Co., Ltd. was established on May 8, 1997, and the registered capital of the company is 100 million yuan.
100 million H shares were issued in Hong Kong on 22 July 1997 and 300 million in China on 16 November 1997.
A shares, and listed on the Shenzhen ** Stock Exchange. On March 15, 2000, the company successfully issued another 15 in China
100 million yuan of convertible corporate bonds, and on April 17, 2000 on the Shenzhen ** Stock Exchange listed for trading. January 2006
On the 25th, the China Securities Regulatory Commission approved the company's major asset purchase plan, and the company added 100 million shares to Anshan Iron and Steel Group
Acquired 100 shares of New Iron and Steel Company.
In the first half of 2006, the company produced a total of 10,000 tons of steel, an increase over the same period last year. Main business income.
100 million yuan, net profit of 100 million yuan, earnings per share of yuan. As of June 30, 2006, the company has total assets of 100 million yuan and net assets of 100 million yuan.
At present, the company has a complete set of modern steel production workers such as coking, sintering, ironmaking, steelmaking and rolling of Anshan Iron and Steel Group.
process and related supporting facilities, and has a supporting energy power system, to achieve the completion of the steel production process.
Holistic and systematic. The company has become an annual output of 16 million tons of steel, made of automotive plates, home appliance plates, container plates, etc.
Ship plate, pipeline steel, cold-rolled silicon steel and other high-quality plate base as the leading products.
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Anshan Iron and Steel Co., Ltd. was established on May 8, 1997, and the registered capital of the company is 100 million yuan.
On July 22, 1997, 100 million H shares were issued in Hong Kong, and on November 16, 1997, 300 million A shares were issued in China, and they were listed and traded on the Shenzhen ** Stock Exchange. On March 15, 2000, the company successfully issued 1.5 billion yuan of convertible corporate bonds in China, and was listed on the Shenzhen ** Stock Exchange on April 17, 2000. On January 25, 2006, the China Securities Regulatory Commission approved the company's major asset purchase plan, and the company added 100 million A shares to Anshan Iron and Steel Group to acquire 100% of the equity of the new iron and steel company.
In 2006, the company produced a total of 10,000 tons of steel, an increase over the same period last year. The main business income is 100 million yuan, the net profit is 100 million yuan, and the earnings per share are 100 million yuan. As of December 31, 2006, the company has total assets of 100 million yuan and net assets of 100 million yuan.
At present, the company has a complete set of modern steel production processes and related supporting facilities such as coking, sintering, ironmaking, steelmaking, and steel rolling of Anshan Iron and Steel Group, and has a supporting energy and power system to realize the integrity and systematization of steel production process. The company has become a high-quality plate base with an annual output of 16 million tons of steel, with automotive steel, home appliance steel, container plate, shipbuilding plate, pipeline steel, cold-rolled silicon steel and other leading products.
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In recent days, 028 has been closed by institutions, let's see the next move. For 028, we should use a political perspective, not an economic perspective, 028 is a policy stock engaged in political economy, not a market economy, why the United States and other Western countries do not recognize China's complete market position, isn't it easy to understand? 028 is a tool of management, and it embodies political value, not economic value.
028's economic interests can be sacrificed for political purposes. If you don't believe me, you can ask the boss of 028.
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You chose 2 slow cows (slow is a bit slow, but definitely bullish).
Keep holding it, after all, buying stocks is an investment, not a gamble.
Stick to it for a while, and there will definitely be a good reward.
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600018 gradually becomes stronger, can absorb a small amount 600028 can be considered in the medium and long term.
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600018, listed as a whole on July 8, can be bought 600028 can be long-term.
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600018 should continue to hold and 600028 can be bought.
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It's a level!
Although PetroChina and Sinopec are large-scale, they mainly have many subordinate units.
The enterprises you cited are all directly subordinate enterprises of the SASAC, and they are at the same level. Just look it up.
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All of them are central enterprises.
Macroscopically speaking, it is a level.
But in the world's top 500, there is a slight difference, in 2008, in the top 500:
Sinopec: 17.
PetroChina: 24.
Medium Mobile: 180.
China Telecom: 275.
Baosteel: 307.
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The administrative level is the same.
Xu Lejiang, the boss of Baosteel, and Jiang Jiemin, the boss of PetroChina, are both alternate members, both of which are directly affiliated to the central enterprises.
Daqing Shengli is a subsidiary of PetroChina, which is not at the same level as Baosteel and Anshan Iron and Steel.
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No matter how awesome Baosteel Angang is, it can't be compared with PetroChina and Sinopec.
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The enterprises managed by the State-owned Assets Supervision and Administration Commission are central enterprises, but the level of central enterprises is not the same, and there are positive departments (such as PetroChina, PetroChina, commercial aircraft, nuclear industry); There are deputy departments (such as Baosteel, FAW], mobile, etc.); There is a main hall (most companies).
As for Baosteel and Anshan Iron and Steel are the deputy ministries, while PetroChina and Sinopec are the main ministries, and mobile and telecommunications are also deputy ministries, so you can understand.
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It's best not to go to the petrochemical company, I did it in the petrochemical finance department, resigned in November 07, all aspects are not good, listen to the fame of the big auspicious, the salary and treatment awards are not regular, I only 1000 yuan. Some of my classmates worked in the oil industry. is the stationmaster, with a monthly salary of more than 3,000, everything is regular, and he is ready to go to PetroChina to have a look.
Listen to me, you're going, I regret you, I heard that oil is not good to come in.
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F10 to see if they are state-owned!!
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What about state-owned, as long as it rises well, it is good**.
These ** climb like ants, if you buy long-term OK, if you want to make a short-term profit, don't touch it.
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Yes, but the performance is not necessarily good.
Hongmeng Supreme Hongmeng Xuantian Song Immortal Road Thick Black Record.
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