Sinopec Shanghai Petrochemical Co., Ltd. engages in the processing of crude oil into petroleum and other chemical products. It operates through the following business segments: Synthetic Fibers, Resins and Plastics, Intermediate Petrochemicals Petroleum Products, Trading of Petrochemical Products, and Others. The Synthetic Fibers segment produces primarily polyester, acrylic fibers, and carbon fibers, which are mainly used in the textile and apparel industries. The Resins and Plastics segment includes polyester chips, polyethylene resins and plastics, polypropylene resins, and PVA granules. The Intermediate Petrochemicals segment covers p-xylene, benzene, and ethylene oxide. The Petroleum Products segment is involved in refined gasoline, fuel, diesel oil, heavy oil and liquefied petroleum gas, and provides raw materials for the group's downstream petrochemical processing facilities. The Trading of Petrochemical Products segment focuses on importing and exporting petrochemical products. The Others segment relates to investment property leasing, service provision, and a variety of other commercial activities. The company was founded in 1972 and is headquartered in Shanghai, China.