SINOPEC Shanghai Research Institute of Petrochemical Technology Co., Ltd. (hereinafter referred to as SRIPT) has long been engaged in the technology research and development (R&D) for the proper utilization of olefins and aromatics, such as the catalytic processes for basic petrochemicals and fine chemicals, as well as functional polymers’ preparation and fabrication. The R&D work has covered the prospective exploratory research, fundamental research, technology packages combined with the catalysts developed on our own.