Founded in 1967 and established in 1970, Beijing Yanshan Petrochemical Company Limited(BYPC), is a super large petrochemical complex directly under SINOPEC. It processes over 10 million tons crude oil and produces 800,000 tons ethylene product annually. It can produce 94 varieties with 431 grades of petrochemical products. BYPC has become one of the most important production bases of synthetic rubber, synthetic resin, phenol, acetone and high-quality oil products in China.