China Petroleum & Chemical Corporation (Sinopec) was founded in 2000 headed by Zhao Dong as the chairman of the company and is doing business in Oil & Energy. As of November 2021, Sinopec has a market cap of $72.72 billion.
Sinopec has a total of 71727 patents globally, out of which 48533 have been granted. Of these 71727 patents, more than 81% of patents are active. China is where Sinopec has filed the maximum number of patents, followed by the United States of America and Korea and it also seems reasonable as the biggest market for Sinopec is China, it has generated annual revenue of $407,009 million in the year 2020. Parallelly, China seems to be the main focused R&D center and is also the origin country of Sinopec.
Do read about some of the most popular patents of Sinopec which have been covered by us in this article and also you can find Sinopec’s patents information, the worldwide patent filing activity and its patent filing trend over the years, and many other stats over Sinopec’s patent portfolio.
How many patents does Sinopec have?
Sinopec has a total of 71727 patents globally. These patents belong to 68508 unique patent families. Out of 71727 patents, 55509 patents are active.
How many Sinopec patents are Alive/Dead?
How Many Patents did Sinopec File Every Year?
Are you wondering why there is a drop in patent filing for the last two years? It is because a patent application can take up to 18 months to get published. Certainly, it doesn’t suggest a decrease in the patent filing.
|Year of Patents Filing or Grant||Sinopec Applications Filed||Sinopec Patents Granted|
How Many Patents did Sinopec File in Different Countries?
Countries in which Sinopec Filed Patents
|United States Of America||540|
|Eurasian Patent Organization||5|
|Gulf Cooperation Council||2|
Where are Research Centers of Sinopec Patents Located?
10 Best Sinopec Patents
CN103041811A is the most popular patent in the Sinopec portfolio. It has received 68 citations so far from companies like Fujian Jinghui Environmental Technology Co Ltd and Dalian furuipu Technology Co Ltd.
Below is the list of 10 most cited patents of Sinopec:
|Publication Number||Citation Count|
What Percentage of Sinopec US Patent Applications were Granted?
Sinopec (Excluding its subsidiaries) has filed 593 patent applications at USPTO so far (Excluding Design and PCT applications). Out of these 467 have been granted leading to a grant rate of 88.45%.
Below are the key stats of Sinopec patent prosecution at the USPTO.
Which Law Firms Filed Most US Patents for Sinopec?
|Law Firm||Total Applications||Success Rate|
|Novick Kim & Lee||223||94.67%|
|Finnegan Henderson Farabow Garrett & Dunner||97||85.23%|
|Buchanan Ingersoll & Rooney||47||91.11%|
|Scully Scott Murphy & Presser||42||91.59%|
|Richmond Hitchcock Fish & Dollar||35||100.00%|
|Birch Stewart Kolasch & Birch||28||82.14%|
|Hovey Williams Llp||26||53.85%|
|Ladas & Parry Llp||18||72.22%|
|Duane Morris Llp||12||100.00%|
|Blank Rome Llp||5||80.00%|
“We committed to the new development philosophy. We promoted deeper integration of the internet, big data, AI with petroleum and chemical industry, stepped up digital and smart transformation, and fostered new drivers of growth based on IT application.” – Sinopec
Sinopec’s innovation is guided by the principles of “independent invention, focus on critical issues, development support, and future leadership.” It is market-oriented, development-oriented, and future-oriented, with the key R&D fields and commercial directions being “energy chemical,” “Environmental Engineering,” and “fine chemical.” It focuses on self-reinvention and integration innovation to gain differentiation technology advantages, and “to turn core technology into advantages, to turn advantageous technology into a package,” as well as “to turn core technology into advantages, to turn advantageous technology into a package.”
Sinopec also plans to spend $4.6 billion on hydrogen energy by 2025. Asia’s biggest oil refiner is planning to become China’s largest company to produce hydrogen for use as a transportation fuel, targeting an annual capacity of 200,000 tonnes of hydrogen refueling by 2025.
Are you curious to know that what is Sinopec‘s key innovations?
What Technologies are Covered by Sinopec Patents?
The chart below distributes patents filed by Sinopec in different countries on the basis of the technology protected in patents. It also represents the markets where Sinopec thinks it’s important to protect particular technology inventions.
R&D Focus: How Sinopec Research Focus Changed Over the Years?
Interested in knowing about the areas of innovation that are being protected by Sinopec?