|
The business of Sinochem in this respect includes coke, iron ore, steel structure, chrome mineral and on. With its powerful logistic integration and professional marketing team, Sinochem International has established long-term steady cooperation with major domestic coke producers and its customers range from India, Japan, South Korea, South Africa, European Union and America; it has the very power to organize the upper-reach resources and lower-reach marketing of coke resources and the export of coke has been ranking the first in China. In 2005, it exported 1.5 million tons of coke, bringing in a sales income of about UD$ 320 million. With this as an advantage, the company also engages in the development of combined operation of iron ore and steel structures for domestic and overseas high-end customers.
Taking its original market status as an advantage in coke industry, Sinochem International also extents its business to coke manufacture by investing to found two companies: Shan’xi Sinochem Huangda Industrial Co. Ltd. and Sinochem Zhenjiang Coking Co. Ltd.; this not only facilitates the procurement of coke resources, but improves its utilization ration by introducing more efficient and environmental-friendly manufacture techniques, reduces the disposal of waste, thus setting a example to the conservation of resources, protection of environment and health, and the sustainable development of coke industry.
Sinochem Hebei has signed long-term purchase contract with main Indian chrome ore suppliers and sub-sells to domestic iron alloy and chemical plants by signing long-term sales contract with major user. In 2005, its export and sales volume amounted to 120 tons, ranking the second in China. |