This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Sinochem" – news · newspapers · books · scholar · JSTOR(October 2016) (Learn how and when to remove this message)
Sinochem Group
Headquarters in Beijing
Company type
State owned
Founded
1950; 74 years ago (1950)
Headquarters
Xicheng District, Beijing
,
China
Key people
Ning Gaoning (宁高宁) (Chairman)
Products
Petrochemical, petroleum, fertilizer
Revenue
581,076,200,000 renminbi (2018)
Net income
−198,000,000 United States dollar (2021)
Total assets
241,750,000,000 United States dollar (2021)
Number of employees
50,000 (2013) [1]
Subsidiaries
Syngenta
Website
www.sinochem.com
Sinochem Corporation (Chinese: 中国中化集团公司) is a Chinese state-owned multinational conglomerate primarily engaged in the production and trading of chemicals and fertilizer and exploration and production of oil for civilian and military purposes. Its majority owned fertilizer subsidiary Sinofert is involved throughout the chain from production of the product and procurement on international markets to distribution and retail.
Sinochem Group was founded in 1950. Its predecessor was China National Chemicals Import and Export Corporation was China's largest trading firm. Sinochem Group is the key state-owned enterprise under the supervision of State-owned Assets Supervision and Administration Commission of the State Council (SASAC). Sinochem's headquarters is located in Xicheng District, Beijing.
Sinochem's core businesses include energy, agriculture, chemicals, real estate and financial service. It is one of Chinese four state oil companies, China's biggest agricultural input company (fertilizer, seed and agrochemicals), China's leading chemical service company.
Sinochem currently owns more than 300 subsidiaries inside and outside China. It controls several listed companies including Sinochem International (SZSE: 600500), Sinofert (SEHK: 297) and Franshion Properties (SEHK: 817), and is the largest shareholder of Far East Horizon (SEHK: 3360). In June 2009, Sinochem Group established Sinochem Corporation as the vehicle for potential group IPO.
Sinochem Group is China's earliest[citation needed] entrant in Fortune Global 500 and has been on the list 25 times, ranking 139th in 2016.[2] Sinochem's recent revenue in 2020 was 54.2 billion renminbi.
^Annual Report 2013] (PDF)(PDF), Sinochem, 2013
^"139 Sinochem Group". Fortune. Retrieved 27 October 2016.
Sinochem Corporation (Chinese: 中国中化集团公司) is a Chinese state-owned multinational conglomerate primarily engaged in the production and trading of chemicals...
state-owned Sinochem, overtaking industry leaders such as BASF, in a deal worth around $120 billion. ChemChina merged with Sinochem Group to form Sinochem Holdings...
its Canadian Division. In 1996, the company entered an agreement with Sinochem to form Shanghai-based Zhong Hong Life Insurance Co. Ltd., China's first...
Sinofert Holdings Limited or Sinofert (SEHK: 297), formerly Sinochem Hong Kong Holdings Limited, is the largest all-rounded fertilizer enterprise in China...
in Basel, Switzerland. It is part of Syngenta Group, entirely owned by Sinochem, a Chinese state-owned enterprise. Syngenta was founded in 2000 by the...
plc is an energy exploration subsidiary of Chinese state-owned company Sinochem with headquarters in London but is registered offshore in the Isle of Man...
a Chinese manufacturing executive. In 2023, he resigned as chairman of Sinochem, remaining chairman of Syngenta. He was born in Binzhou, Shandong Province...
whereas R-245fa cost $2.50 to $4.00 per pound. As of 2007, and prior to Sinochem's production it was already a high volume production chemical, with over...
trust company). The company is a wholly owned subsidiary of Sinochem Group (via Sinochem Corporation for 93.07% and another subsidiary for 6.93%). FOTIC...
Corporation of China, Aluminum Corporation of China, Baosteel Group Corporation, Sinochem Group, Shanghai Guosheng Corporation Limited, and State-owned Assets Supervision...
Geo-Jade Petroleum Shaanxi Yanchang Petroleum Shandong Energy Emerald Energy Sinochem United Energy Group Zhenhua Oil Natural gas Drilling services EPC China...
all potash exporting from Saskatchewan. It also had a joint-venture with Sinochem named Sinofert. In late 2013, it was 60%-owned by institutional shareholders...
"ChemChina-Sinochem merger to create world's largest chem group". atimes.com. 8 May 2017. Retrieved 22 November 2017. "ChemChina, Sinochem merge agricultural...
from Sinochem International Chemicals Company through a German trader, Metall-Chemie. In July 1996, the American Embassy in China contacted Sinochem and...
two Sinochem subsidiaries – Sinochem Tianjin Binhai Logistics Company (with a 130,000-square-metre (1,400,000 sq ft) site) and Tianjin Port Sinochem Hazardous...
0146#146 82,689 Apparel Christian Dior Paris 0143#143 83,283 Chemicals Sinochem Holdings Beijing 0038#38 173,834 Energy Saudi Aramco Dhahran 0002#2 603...
the Emerald Energy oil company, a British-based subsidiary of China's Sinochem Group, when they were kidnapped on 8 June 2011. Their Colombian driver...
Geo-Jade Petroleum Shaanxi Yanchang Petroleum Shandong Energy Emerald Energy Sinochem United Energy Group Zhenhua Oil Natural gas Drilling services EPC China...
CNOOC-SINOPEC United International Trading to import crude oil; CNPC, Sinopec, Sinochem and Zhuhai Zhenrong had been the only companies importing crude. In July...
Corporation CITIC Resources Geo-Jade Petroleum Shaanxi Yanchang Petroleum Sinochem China Petrochemical Corporation Southernpec The Hong Kong and China Gas...
Geo-Jade Petroleum Shaanxi Yanchang Petroleum Shandong Energy Emerald Energy Sinochem United Energy Group Zhenhua Oil Natural gas Drilling services EPC China...
Geo-Jade Petroleum Shaanxi Yanchang Petroleum Shandong Energy Emerald Energy Sinochem United Energy Group Zhenhua Oil Natural gas Drilling services EPC China...
frozen, upsetting Uralkali's $39 billion joint bid with Chinese company Sinochem for the Canadian Potash Corp. The Nicosia district court in Cyprus lifted...
Stake % Marco Polo International Italy (an intermediate holding company for Sinochem) 37.015% Camfin S.P.A 14.096% Silk Road Fund 9.021% Brembo 5.58% Tacticum...
increased to 20%. On 21 May 2010, Statoil agreed to sell 40% stake to Sinochem. The first phase of the development includes two drilling and wellhead...
Global Information
