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Take a look back at some of the milestones and achievements of CGCC member company Sinopec Corp. in 2021.
Source: Sinopec Corp
Sinopec Corp. is a giant energy and chemical company listed at four stock exchanges. The company is enforcing its world-leading development strategy, setting up an industry pattern with energy resources as the backbone, clean oil products, and modern chemicals as two development wings, and taking new energy, new material, and the new economy as growth points.
The target is to build the company into a world-leading clean energy and chemical company. Sinopec Corp. is developing hydrogen energy with a goal of becoming No.1 in China, at the same time speeding up the tech-driven energy upgrading and transition. The company will take net-zero emission as its ultimate goal, promote clean utilization of fossil energy, scale-up clean energy, and decarbonize our production process, making new contributions for caring for the climate. The company is the official partner of the Olympic Winter Games Beijing 2022.
Sinopec Corp. pays much attention to the co-operations with US energy companies. In November 2021, Sinopec Corp. signed a 20-year LNG contract to purchase 4 million ton LNG per year with Venture Global LNG Company.
