Sinochem Holdings Corporation Ltd. (Sinochem Holdings) was established through the joint restructuring of Sinochem Group Co., Ltd. and China National Chemical Corporation Ltd. on May 8, 2021. Sinochem Holdings is one of the leading state-owned enterprises under the supervision of the SASAC (State-owned Assets Supervision and Administration Commission of the State Council). It boasts over 220,000 employees.
With operations in eight business sectors covering life science, materials science, petrochemicals, environmental science, rubber & tire, machinery & equipment, city operation, and industrial finance, Sinochem Holdings has become one of the world’s leading chemical conglomerates. It has 17 listed domestic and overseas companies, including Yangnong Chemical (600486.SH), Adama (000553.SZ), Adisseo (600299.SH), Sinochem International (600500.SH), Luxi Chemical (000830.SZ), Haohua Technology (600378.SH), Elkem (ELK.OL), Pirelli (PIRC.MI), and China Jinmao (00817.HK). Sinochem Holdings owns production bases and R&D facilities in more than 150 countries and regions around the world with a fully-developed marketing network. With total assets amounting to RMB 1.5 trillion and annual revenue of over RMB 1.1 trillion by the end of 2021, Sinochem Holdings ranks 31st in the 2022 Fortune 500 list, and 1st in the chemicals industry.
In the area of life science, Sinochem Holdings is leading the world in agrochemicals and animal nutrition, among which agrochemical business covers seeds, plant protection, crop nutrition, modern agricultural services and the entire industrial chain of digital agriculture. Syngenta Group, a subsidiary of Sinochem Holdings, is the world's leading player in agricultural technology innovation. With animal nutrition business that encompasses methionine, vitamins and specialty products, etc., Sinochem Holdings is a comprehensive provider of animal feed additives and nutritional solutions.
Sinochem Holdings reached the top-tier level in materials research globally, enjoying competitive advantages in the fields of fluorine and silicon-based materials, engineering plastics, polymer additives, electronic chemicals, lithium battery materials, special fibers, etc. Sinochem Holdings provides material solutions for key areas of the national economy as well as for people's livelihoods, such as electronics, automobiles, construction, next-generation communication technology, high-tech projects, and medical care.
The petrochemical business boasts a development model that features upstream and downstream integration. Covering petroleum trading, petroleum refining, warehousing and logistics, and petrochemical products selling, Sinochem Holdings has become one of the most competitive petrochemical players in China.
Environmental science is an emerging business that is strategically important to Sinochem Holdings. Sinochem Holdings’ focus on industrial environmental protection, covering treatment of polluted soil, solid, liquid and gaseous wastes, drives it to safeguard the green development of the chemical industry, making it a key player in the market.
Its rubber and tire business is leading the world in high-end/ultra-high-end passenger tires. With well-known brands, Pirelli and Aeolus, Sinochem Holdings is the preferred partner of world’s renowned automakers.
The mechanical equipment business of Sinochem Holdings encompasses plastic machines, rubber machines, chemical equipment and modern manufacturing services. It provides world-leading holistic chemical equipment solutions globally.
Its urban operation business leads the industry within China. Sinochem Holdings is one of the first 16 state-owned enterprises with real estate as a main business that has been approved by the SASAC and also serves as a green building technology service provider in China.
The company’s industrial finance business possesses multiple financial business licenses. It has built a bridge between industry and finance and serves the industry with finance and technology.
Looking ahead, Sinochem Holdings will uphold the company’s value of “In Science We Trust” as it strives to develop a world-leading chemical conglomerate led by life science and materials science, supported by petrochemicals, backed by environmental science, and driven by technology. Sinochem Holdings will constantly improve its technological innovations and enhance its core competitiveness and sustainability to create maximum value for clients, shareholders and employees. It also aims to contribute to social progress and the development of the chemical industry.