Smooth Operation of Shanghai SECCO      

Shanghai SECCO Petrochemical Company Limited, a 30/20/50 joint venture between China Petroleum and Chemical Corporation (Sinopec Corp.), Shanghai Petrochemical Company Limited and BP East China Investment Company Limited, says the output of ethylene hits 1 million tons for 2007, being the largest in China.
   Since Shanghai SECCO put into operation in June 2005, the company has a very good presence in safety, production and sales of ethylene facility. The company was awarded the prize as one of the most profitable enterprises for the year of 2006 in China by the State Statistical Bureau of China and ranked 1st place among the top 10 basic chemical material manufacturers.
   Shanghai SECCO forecasts its revenue of RMB24 billion for 2007.