On September 20, 2004, the 2004 China International Petroleum & Petrochemicals Expo. (IPPE) and the Petroleum & Petrochemicals Business Summit Forum cosponsored by Sinochem, PetroChina, Sinopec and CNOOC were held in Beijing Exhibition Center. Vice President Han Gensheng of Sinochem, on behalf of Sinochem Corporation, cut the ribbon at the opening ceremony and delivered a speech at the Forum.
The IPPE is the only large exhibition co-organized by the four major state-owned oil companies in China. The purpose is to create the most authoritative petroleum and petrochemicals exhibition in China and build a broad petroleum and petrochemicals information technology platform. Up to now it has developed into the most influential exhibition of its kind in China.
Vice Chairman Yan Sanzhong of the CPCIA and officials of the State Development Planning Commission (SDPC) and the Ministry of Commerce attended the opening ceremony and visited the exhibition.
The exhibition focuses on oil exploration and development, production and refinery, pipeline transportation, mechanical equipment and technologies and attracts the presence of domestic and overseas petroleum and petrochemical companies and manufacturers of related equipment. The exhibition booth of Sinochem, with unique design and rich content, attracts a large number of audiences.
The Business Summit Forum held on the same day, with “Prospects of the Petroleum and Petrochemicals Industry and Market Development”, discusses the status quo of world energy resources industry, analyzes existing problems and forecasts the sustainable development prospects of petroleum and petrochemicals industry. More than 100 government officials and ambassadors to China of 20 plus countries and regions and senior representatives of the industry participated in the Forum. Senior officials of the SDPC and Ministry of Commerce and delegates of the IEA, IPE, BP, GASPROM, PetroChina, Sinopec and CNOOC addressed the Forum. Vice President Han Gensheng of Sinochem chaired the Forum in the morning and delivered the speech entitled Impact of High Oil Price on the Chinese Society and Economy which was well received by the audiences.