Headquartered in Beijing, China, Sinochem Group Co., Ltd. (Sinochem Group for
short) was founded in 1950. Its predecessor was China National Chemicals Import
and Export Corporation. Sinochem Group is a key state-owned enterprise under the
supervision of State-owned Assets Supervision and Administration Commission of
the State Council of China (SASAC).
Sinochem Group is one of China’s four largest state oil companies, China’s
leading chemical service provider, China’s biggest agricultural inputs
(fertilizer, seed and agrochemicals) company and integrated modern agricultural
service operator. Sinochem Group also exerts strong influence in city operation
and non-banking financial service sector. Sinochem Group has established five
Strategic Business Units (SBU), namely energy, chemicals, agriculture, real
estate and finance. It operates more than 300 subsidiaries and has over 50,000
staff members around the world.
Sinochem Group is among the earliest Chinese enterprises on the Fortune
Global 500 list and has 28 appearances in total, ranking 98rd in 2018 and having
been honored as Fortune’s World’s Most Admired Companies for two consecutive
years. Sinochem Group has been rated A in corporate performance by SASAC for
thirteen years.
Looking into the future, Sinochem Group will uphold the value of “In Science
We Trust” and strive to be fully transformed into an innovative platform company
driven by science and technology in 5 to 10 years, making contributions to
implementing innovation-driven development strategy and building an innovative
country.
