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544:, plastics, and agrochemicals. It operates through more than 100 subsidiaries in China and abroad in concerns ranging from petroleum trading to real estate. Formerly owned directly by the Chinese government, Sinochem converted to a joint-stock company in 2009; initially it is owned by newly formed Sinochem Group (98%) and publicly traded Chinese shipping giant
577:
On Jan. 8, 1951, the preparation team for China
National Import & Export Co was set up. The staff of the company came from China National Import Corp and its subsidiaries in North China. On Feb. 13, entrusted by the Trade Ministry, China National Import & Export Co took on the responsibility
568:
On March 10, 1950, in an aim to unify domestic trade, fulfill the set target of the import & export volume, lead the domestic market, strike a balance between supply and demand, and boost the recovery and development of domestic production, the central government made a decision to set up a
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to oversee the import & export business of some Hong Kong institutions. When it was put into operation on March 1, the main task of the company was to tear down the blockade and trade embargo imposed by the West, and conduct trade with capitalist countries.
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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
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On Nov. 10, 2003, Sinochem changed its name from China
National Chemicals Import & Export Corporation to Sinochem Corporation with the approval of the State Assets Administration and Supervision Commission and the
402:
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prohibiting any
American company or individual from owning shares in companies that the United States Department of Defense has listed as having links to the People's Liberation Army, which included Sinochem.
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On Jan. 1, 1961, after restructuring of MOFTEC's affiliated administrative units and enterprises, China
National Import & Export Co was changed into China National Chemicals Import & Export Corp.
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On June 12, 1965, MOFTEC decided to standardize the names of foreign trade companies. On July 16, China
National Import & Export Co was changed into China National Import & Export Corp.
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national level foreign trade company under the leadership of the Trade
Ministry. The predecessor of Sinochem, China National Import Corporation, was formally established.
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Sinochem currently owns more than 300 subsidiaries inside and outside China. It controls several listed companies including
Sinochem International (
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and financial service. It is one of
Chinese four state oil companies, China's biggest agricultural input company (fertilizer, seed and
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is involved throughout the chain from production of the product and procurement on international markets to distribution and retail.
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and has been on the list 25 times, ranking 139th in 2016. Sinochem's recent revenue in 2020 was 54.2 billion renminbi.
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548:(2%). The move was designed to signal Sinochem's transformation to a market-oriented company.
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897:"DOD Releases List of Additional Companies, in Accordance with Section 1237 of FY19 NDAA"
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826:"China Corporate News: Sinopec Takes 30% of Galp Energia; Renren Posts $ 1m Loss for Q3"
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In
November 2011, the company announced that it expected to raise ¥35 billion in its
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964:"Trump bans Americans from investing in 31 companies with links to Chinese military"
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for civilian and military purposes. Its majority owned fertilizer subsidiary
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In August 2009, Sinochem bought the United Kingdom-based oil company
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Sinochem's core businesses include energy, agriculture, chemicals,
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Pamuk, Humeyra; Alper, Alexandra; Ali, Idrees (12 November 2020).
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997:"Trump bans U.S. investments in firms linked to Chinese military"
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named Sinochem as one of several companies backed by the
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China Petroleum Engineering and Construction Corporation
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China Huanqiu Contracting & Engineering Corporation
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China National Chemicals Import & Export Co., Ltd.
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Defence companies of the People's Republic of China
377:primarily engaged in the production and trading of
73:. Unsourced material may be challenged and removed.
591:China National Chemicals Import & Export Corp.
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832:. Archived from the original on 14 November 2011
405:(SASAC). Sinochem's headquarters is located in
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606:State Administration for Industry and Commerce
458:Sinochem Group is China's earliest entrant in
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420:), China's leading chemical service company.
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29:Chinese chemical and fertilizer conglomerate
1587:Manufacturing companies established in 1950
504:. Unsourced material may be challenged and
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560:and its first multinational conglomerate.
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799:"Sinochem to buy UK-based Emerald Energy"
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524:Learn how and when to remove this message
133:Learn how and when to remove this message
1592:Technology companies established in 1950
1335:Shanxi Blue Flame Coalbed Methane Group
556:Founded in 1950, it is China's largest
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778:from the original on 10 February 2022
675:China Foreign Economy and Trade Trust
1452:China Petroleum Pipeline Engineering
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976:from the original on 28 October 2021
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502:adding citations to reliable sources
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71:adding citations to reliable sources
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1547:Government-owned companies of China
943:from the original on 28 August 2020
907:from the original on 30 August 2020
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650:United States Department of Defense
573:China Import & Export Co., Ltd.
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1491:Fushun Petrochemical Company
1323:China United Coalbed Methane
536:Sinochem deals primarily in
439:) and Franshion Properties (
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1399:Great Wall Drilling Company
830:www.thechinaperspective.com
634:U.S. investment prohibition
370:) is a Chinese state-owned
187:; 74 years ago
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1329:PetroChina Coalbed Methane
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313:Sinochem Holdings
166:Headquarters in Beijing
1552:Oil companies of China
1497:Shanghai Petrochemical
564:China Import Co., Ltd.
644:Military-civil fusion
638:Further information:
278:-3.666 billion (2023)
729:"139 Sinochem Group"
656:. In November 2020,
648:In August 2020, the
498:improve this section
360:Sinochem Corporation
293:223.9 billion (2023)
258:143.2 billion (2023)
67:improve this article
1272:United Energy Group
466:Corporate structure
299:Number of employees
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1521:Companies of China
1420:Drilling equipment
1245:Geo-Jade Petroleum
1149:Oil and gas majors
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903:. 28 August 2020.
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706:
669:Subsidiaries
658:Donald Trump
647:
624:oil refinery
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496:Please help
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285:Total assets
222:Ning Gaoning
200:Headquarters
172:Company type
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123:October 2016
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65:Please help
60:verification
57:
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1427:Jereh Group
1305:Shell China
1286:Natural gas
1277:Zhenhua Oil
1013:12 November
980:12 November
782:10 February
414:real estate
387:exploration
176:State owned
1536:Categories
1479:Refineries
1344:Downstream
1233:(Upstream)
1199:PetroChina
1157:Downstream
809:17 October
743:27 October
703:"Sinochem"
682:References
660:issued an
514:April 2021
383:fertilizer
265:Net income
241:fertilizer
217:Key people
93:newspapers
82:"Sinochem"
1499:(Sinopec)
1486:ChemChina
1407:(Sinopec)
1356:ENN Group
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435::
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930:(PDF)
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