| Source: | Date: 2016-02-02 |
ChemChina is a “Fortune Global 500” growth company with entrepreneurial leadership.
ChemChina is ranked 265th on the “Fortune Global 500.” With revenues of $45 billion in 2015, ChemChina is China’s largest chemical company. It has more than 140,000 employees with 48,000 outside China. Ren Jianxin is the chairman.
Ren Jianxin founded Bluestar, China’s first industrial cleaning company, in 1984 with $1,500 of government loan. Through a series of acquisitions and sustained organic growth, Ren grew the small start-up to China National Chemical Corporation (ChemChina) in 2014.
ChemChina has operated independently and entrepreneurially, including in its overseas acquisitions where it has consistently allowed affiliates to operate independently while backed by ChemChina’ commitment to their success.
ChemChina operates in 150 countries with production, R&D and sales.
The company operates in six sectors: advanced chemical materials and specialty chemicals; basic chemicals; oil processing; agrochemicals; tire and rubber products and chemical equipment. It has registered nearly 5,000 products and over 6,000 trademarks; 112 production and operation entities, 9 overseas enterprises; and 26 research and design institutes with a footprint in over 150 countries.
As an innovation-driven company, ChemChina has owns 9,025 patents including 6,691 inventive patents, by the end of 2015.
ChemChina has a comprehensive sustainability program that reinforces its commitment to environmental safety, energy conservation and emissions reduction. ChemChina is a leader in "zero emissions" management to minimize pollution and carbon emissions through advanced management and technologies.
