Sinopec Shanghai Petrochemical Co (HK:0338) has released an update.
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Sinopec Shanghai Petrochemical Company Limited has announced its 2024 Action Plan focused on ‘Improving Quality and Efficiency and Focusing on Return,’ in line with China’s national strategy and the Shanghai Stock Exchange’s initiative. The plan includes innovation-driven transformation to enhance high-quality development and investor returns, featuring cleaner oil refining, greener ethylene production, and new infrastructure projects like a 220kV power supply line and an aviation fuel pipeline.
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