Sinopec Shanghai Petrochemical Company Limited Announces Production Results for the Year Ended December 31, 2019; Provides Production Guidance for the Year 2020
The company provided production guidance for the year 2020. In 2020, the company plans to process a total of 15.30 million tons of crude oil and produce a total of 9.27 million tons of refined oil, 0.82 million tons of ethylene, 0.66 million tons of paraxylene, 0.92 million tons of plastic resin, 0.65 million tons of raw materials of synthetic fibers, 0.44 million tons of synthetic fiber polymers and 0.20 million tons of synthetic fibers.