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Sinochem Corporation
Sheila Greco Associates, May 2011, Pages: 1
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 companies 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 companies for 15 consecutive years. In 2005 Sinochem ranked the 287th. 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.
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