Sinopec Shanghai Petrochemical cited for Chinese environmental violations
Sinopec Shanghai Petrochemical Co. is among the 175 Hong Kong-listed companies cited for Chinese environmental violations as per data compiled by Institute of Public and Environmental Affairs, highlighting abuses of air emissions and waste-water discharge.
Sinopec Group, Asia's biggest oil refiner, is halting fuel exports and cutting petrochemical production to boost output of gasoline and diesel for domestic use, as per Bloomberg.