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 210,000 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 owns production bases, research and development facilities in more than 150 countries and regions across the world with a full-fledged marketing network. It has 16 listed domestic and overseas subsidiaries, 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). With total assets amounting to RMB 1.6 trillion and annual revenue of over RMB 1 trillion by the end of 2023, Sinochem Holdings is ranked 54th in the 2024 Fortune Global 500 list.
In the area of life science, Sinochem Holdings has globally leading agrochemical and animal nutrition businesses. As the main operating enterprise in the agricultural chemical business, its subsidiary Syngenta Group operates in four major businesses: seeds, crop protection, crop nutrition, modern agricultural services and digital agriculture, positioning itself as a leading global agricultural technology innovator. Sinochem Holdings also provides comprehensive animal feed additives and nutritional solutions including methionine, vitamins, and specialty products.
The materials science sector of Sinochem Holdings has built 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 and the well-being of people, such as electronics, new energy, transportation, construction engineering, and healthcare.
In the petrochemical industry, Sinochem Holdings has developed a model that integrates the upstream and downstream for oil trading, refining, warehousing and logistics, and marketing of oil and petrochemical products. Sinochem Holdings has become one of the most competitive petrochemical players in China.
Sinochem Holdings’ environmental science sector focuses on industrial environmental protection, covering water, solid, soil, and gaseous wastes. It has rapidly formed core technological capabilities to support the green development of the chemical industry and has become an important market participant.
In the rubber and tire sector, Sinochem Holdings is a global leader in high-end and ultra-high-end passenger tires and a renowned strategic supplier of industrial tires, earning global recognition from renowned automakers for its superior product quality.
The machinery and equipment business, part of Sinochem Holdings, encompasses plastic machinery, chemical equipment, rubber machinery, and more, providing customers with full life-cycle services and digital solutions. It aims to become a premium provider of comprehensive solutions for rubber and plastic machinery and chemical equipment.
Sinochem Holdings’ urban operation business, China Jinmao, is a top city operator and green building technology service provider in China, consistently positioned at the forefront of the industry in terms of overall strength.
The company’s industrial finance business possesses multiple financial business licenses. It has built a bridge between industry and finance and facilitates the development of industry with finance and technology.
Moving forward, Sinochem Holdings is committed to building a world-class chemical conglomerate, continuously enhancing its sustainable development capabilities, and creating greater value for society, customers, shareholders and employees. It also aims to contribute to social progress and development of the chemical industry.
