Sinopec Engineering

Cai Xiyou, chairman of Sinopec Engineering, at the firm's listing ceremony in Hong Kong. Photo: May Tse

Sinopec Engineering vows to maintain high margins

Despite rising cost pressures, Sinopec Engineering, the oil refining and chemical plants engineering subsidiary of China Petrochemical Corp, will strive to maintain a gross profit margin higher than the industry average, its chief said.