Daqing Petrochemical Company is a regional branch company of Petro-China Company Limited. It is a giant-scale petrochemical complex producing oil products, chemicals, fertilizers and chemical fiber with the major raw materials of crude oil, light hydrocarbon and natural gas from Daqing oilfield.

Daqing Petrochemical Company, located in Daqing City of Heilongjiang province, is the important petrochemical production enterprise and scientific research base of our nation. By the end of 2001, the company has 11.3 billion Yuan asset in total, 127 production units, 16 billion Yuan annual sales income, and 14 thousand staff and workers: 8 production plants, 1 petrochemical research institute and 1 storage & transportation company. It has a processing capacity of 6 million tons of crude oil and produces 480 thousand tons of ethylene, 400 thousand tons of polyethylene, 100 thousand tons of polypropylene, 330 thousand tons of synthetic ammonia,560 thousand tons of urea and 60 thousand tons of acrylic fibers annually. It also produces other 60 varieties (151 brands) of products including paraffin wax, petroleum coke, aromatics, butanol, octanol, ammonium nitrate, butadiene, acetic acid, MTBE, acrylonitrile and acetone cyanohydin. In PetroChina, the company’s crude oil processing capacity accounts for 6%, ethylene production capacity accounts for 33%, synthetic resin accounts for 32%, synthetic fiber accounts for 24%, and fertilizer accounts for 20%. Daqing petrochemical Company not only produces high quality products, but also has formed a staff member team of hardworking and high proficiency, and has established an enterprise spirit of being“United Realistic Innovative Efficient”. With 25% various technical personnel among 14 thousand staff and workers, the company has become a modern petrochemical enterprise of talent intensity and technology intensity. It successively won the Certificate of Merit of May Day and the honorary titles of“National Excellent Enterprise of Political-ideological work”and“Pacesetter for Civilized Units of Heilongjiang Province”.