Sinochem Corporation

Sinochem Tower, A2 Fuxingmenwai Dajie
Beijing, 100045, China
Phone: +86-10-8807-8888
Fax: +86-10-8807-8890
Primary US Office:
Subscribers Only
http://www.sinochem.com

Hoover's coverage by Mark Richardson

Overview

Sinochem deals primarily in petrochemicals distribution, but also in rubber, plastics, and agrochemicals. Founded in 1950, it is China's largest trading company and its first multinational conglomerate. It operates through more than 100 subsidiaries in China and abroad in concerns ranging from petroleum trading to real estate. Formerly owned directly by the Chinese government, Sinochem converted to a joint-stock company in 2009; initially it is owned by newly formed Sinochem Group (98%) and publicly traded Chinese shipping giant COSCO (2%). The move was designed to signal Sinochem's transformation to a market-oriented company.

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Key Numbers from Hoover's UK

Key financials for Sinochem Corporation

Company Type Government-owned
Fiscal Year-End December
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Key people and executives for Sinochem Corporation

President and CEO Liu Deshu
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CFO Chen Guogang
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Top competitors of Sinochem Corporation

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Subsidiaries/Affiliates Covered By Hoover's UK

Subsidiaries/affiliates of Sinochem Corporation

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