Sinochem Holdings Corporation Ltd. (“Sinochem Holdings”) is formed through the restructuring of Sinochem Group Co., Ltd. ("Sinochem Group") and China National Chemical Corporation Ltd. ("ChemChina"). It is a leading state-owned enterprise under the supervision of State-owned Assets Supervision and Administration Commission of the State Council. Headquartered in Beijing, Sinochem Holdings has approximately 220,000 employees.
With a wide array of businesses covering life science, materials science, petrochemicals, environmental science, rubber & tire, machinery & equipment, city operation, and industrial finance, Sinochem Holdings rises as world’s largest chemical conglomerate. It enjoys leading advantages in many industry subdivisions, such as agrochemicals and animal nutrition in life science, fluorine silicon materials in materials science, engineering plastics and rubber additives. The company has established a business model across the entire petrochemical industrial chain with distinctive features in its basic chemicals business. Meanwhile, the focus of its fast-growing environmental science business is on industrial ecological protection. It takes the lead in the world’s high-end tire business and is the top player in the plastic machinery market. In terms of city operation, it is one of the sixteen central SOE approved by SASAC to develop real estate as main business. China Jinmao Holdings Group Limited (“China Jinmao”), one of its subsidiaries, is now a top-tier city operator in China. In industrial finance, Sinochem Holdings is licensed to operate multiple financial businesses with significant advantages in trust and leasing.
Sinochem Holdings owns production bases and R&D facilities in more than 150 countries and regions around the world with a full-fledged marketing network. Upon restructuring, Sinochem Holdings boasts 16 listed companies both at home and abroad, i.e. Yangnong Chemical (600486.SH), Adama (000553.SZ), Adisseo (600299.SH), Sinochem International (600500.SH), Luxi Chemical (000830.SZ), Haohua Tech (600378.SH), Elkem (ELK.OL), Pirelli (PIRC.MI), China Jinmao (00817.HK).
Looking ahead, Sinochem Holdings will uphold “In Science We Trust”, strive to build up a technology-driven innovator and a world-class chemical conglomerate, constantly upgrade technological innovation, foster core competitiveness and sustainability, so as to create maximum value for clients, shareholders and employees, and contribute our bit to the development of chemical industry and social progress.