Sinochemgd
About us | The core businesses of SINOCHEM include the import&export, domestic trade and entrepot trade of oil, fertilizer, rubber, plastics and chemicals. It has made notable development in other areas like industry, finance, insurance, transportation and warehousing. In the entire process of operation, information flow, funds flow and logistics have been integrated. SINOCHEM has adopted a true market-and-competition-oriented strategy since 1998. New development strategy has been implemented with financial structure improved, assets revitalized, organization structure streamlined and human resources mechanism rectified. While emphasizing results, the company has attached more importance to the operation process and growth potentials. SINOCHEM is the first among Chinese foreign trade companies that introduced ERP system. With the consistent support of the Chinese government and friends all over the world, SINOCHEM has been among the top of China's 500 largest import and export enterprises since 1989 and has been ranked among the Fortune 500 largest companies for twelve years. It ranked 276th in 2000 and 14th among trading companies. The year 2000 witnessed SINOCHEM achieve satisfactory results in spite of the harsh market competition. The revenue reached 18.036 billion US dollars, an increase of 19.73% over the previous year, with net profit standing at 92.2833 million US dollars, increasing 27.78% over the previous year--- the best record ever. Entering the 21 century, SINOCHEM has set its strategy in the new century, i. E. To develop one capability, achieve two extensions and establish three pillars. Specifically speaking, 'one capability' refers to provide value-added comprehensive services along with import&export trade. 'Two extensions' refers to extending from trade itself into upstream and downstream areas, controlling upstream resources, and integrating domestic and overseas markets. 'Three pillars' refers to entering into the field of hi-tech investment and financial services and maintaining a strong position in import and export trade, thus forming three key profit sources. As one of the key state-owned enterprises, SINOCHEM will maintain its main channel role of distributing commodities like oil and fertilizer. SINOCHEM sincerely wishes to further its cooperation with business and finance sectors both at home and abroad. We are committed to making our contribution to the nation and the national economic development. We are the subsidiary company in south-china including guangdong, shenzhen, fujian..... Our main business contain importing fuel oil, fertilizer, and fine chemicals exporting organic, inorganic and fine chemicals. |
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Industry Focus | Paint, Food Additives, High Polymers, Rubber & Products |
Business Type | Trading Company |
Products/Services | Organic acid, rubber additive, intermediate |
Our Markets | North America |
No. of Employees | Above 1000 People |
Annual Sales Range(USD) | Above US$100 Million |
Year Established | 1952 |