The controlling party of Sinochem International is Sinochem Group, a Chinese state-owned backbone enterprise. Headquartered in Beijing, China, Sinochem Group Co., was founded in 1950. 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. As a market-oriented global conglomerate, Sinochem Group’s quality products and services are relevant to many aspects of the mass economy and people’s well-being. Sinochem Group has established five Strategic Business Units (SBU), namely energy, chemicals, agriculture, real estate and finance. It operates more than 300 subsidiaries around the world, holds a controlling stake in a number of listed companies 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 98th in 2018 and having been honored as Fortune’s World’s Most Admired Companies for two consecutive years. Continuous efforts over the years in strategic transformation and management overhaul have enabled Sinochem Group to maintain a sustainable, healthy and rapid development. 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. Its aim to become a respectable world-class company and lead the industry, create maximum value for clients, shareholders and employees, and promote the sustainable development of our society.