Sinochem Corporation is a large-sized state-owned enterprise in China. Its former name is China National Chemicals Import & Export Corporation. Sinochem operates globally mainly in petroleum, fertilizer and chemicals business. As one of the four national oil co***nies and the largest fertilizer importer and phosphate & compound fertilizer producer in China, Sinochem enjoys high prestige around the world.
Sinochem has been listed among the Fortune Global 500 co***nies for 15 consecutive years. In 2005 Sinochem ranked the 287th. (The ranking of Sinochem in FORTUNE)
In recent years, Sinochem accelerated the strategic transformation by setting foot in the high-end market and the frontier of scientific development. It has also made efforts to build up a complete industrial value chain integrating resources acquisition, R&D, production, import & export and sales with global synergy in 3 core areas of petroleum, fertilizer and chemicals. Pertaining to the development of core businesses, Sinochem has made substantial progress in terms of financing, logistics and hi-tech fields and achieved rapid development in business operation in straight years.
In the future, Sinochem will fully exert its advantage in international operation to extend into upstream and downstream sectors as well as home and foreign markets with energy, agricultural input, and chemicals at the core. With the formation of resources control, R&D, marketing and financial services supporting each other, Sinochem will further strengthen its capability to allocate resources and market in core businesses and evolve into an international enterprise group with strong competitiveness and global influence while continuing to create new values for shareholders, customers and employees as well as making new contributions to economic development and social progress.
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