Startup of Phenol and Acetone Plants in Shanghai

December 12, 2014
Mitsui Chemicals, Inc.
China Petroleum & Chemical Corp.
Shanghai Sinopec Mitsui Chemicals, Co., Ltd.

Mitsui Chemicals, Inc. (Tokyo, Japan; President & CEO: Tsutomu Tannowa, “MCI”) and China Petroleum & Chemical Corp. (Beijing, China; President: Li Chunguang, ”Sinopec”)announced the startup of phenol and acetone plants under their joint venture, Shanghai Sinopec Mitsui Chemicals, Co., Ltd. (Shanghai, China; Chairman: Hou Yong, “SSMC”).

The startup, together with a bisphenol-A plant which commenced operations in January 2009, is one of the world’s most performance-driven, competitive phenol chains covering all production stages from raw materials to derivatives.

Phenol Plant

SSMC Entrance

< SSMC and Plant Outline >

(1) Company name Shanghai Sinopec Mitsui Chemicals, Co., Ltd.
(2) Location Shanghai Chemical Industry Park, Shanghai, China
(3) Establishment April 10, 2006
(4) Capital 950 million RMB
(5) Ratio MCI 50%、Sinopec 50%
(6) Business area Manufacture and sales of phenol, acetone, and bisphenol-A
(7) Production capacity December 2014:
phenol 250,000t / year
acetone 150,000t / year
January 2009 :
bisphenol-A 120,000t / year

About Sinopec Corp.

Sinopec Corp. is one of the largest integrated energy and chemical companies
in China. Its principal operations include the exploration and production, pipeline transportation and sale of petroleum and natural gas; the sale, storage and transportation of petroleum products,petrochemical products, coal chemical products, synthetic fibre, fertilizer and other chemical products; the import and export, including an import and export agency business, of petroleum, natural gas, petroleum products, petrochemical and chemical products, and other commodities and technologies; and research, development and application of technologies and information.
Sinopec sets ‘fueling beautiful life’ as its corporate mission, puts ‘people, responsibility, integrity, precision, innovation and win-win’ as its corporate core values, pursues a strategy of resources, markets,integration, international operation, differentiation, and low-carbon, and strives to achieve its corporate vision of building a people-oriented world leading energy and chemical company.


Startup of Phenol and Acetone Plants in Shanghai (PDF : 116.68KB)PDF