China National Chemical Corporation (Group) Co., Ltd. (abbreviated as ChemChina), established on November 13, 2004, is a state-owned large-scale enterprise and a central enterprise with registered capital of 45.968 billion yuan.ChemChina is a comprehensive chemical industry group established on the basis of the restructuring, reorganization and integration of the former China National Chemicals Import and Export Corporation, China Petrochemical Development Corporation and other such enterprises and affiliated units.The restructuring was designed to accelerate the internationalization of the Chinese chemical industry and effectively realize the going out strategy.
ChemChina operates in four major business areas: basic chemical products, specialty chemicals, chemical equipment and engineering services.The company primarily focuses on the research and development of chemicals, their manufacture, sale, and technical services for the petroleum, chemical, fine chemical, rubber and plastic industries.The resulting chemicals and equipment are produced for use in various industries such as agriculture, manufacturing, plastics, electronics, construction and energy.
With a broad range of product and services, focus on high-end chemical products and equipment, professional technical services, and by continuously extending our green production and operation model, ChemChina integrates resource advantages in the global supply chain and provides a series of services such as chemical raw material intermediation and product customization.As one of the most important chemical companies in China, ChemChina directly operates more than 300 enterprises, reaching cooperation with more than 50 countries and regions, has succession overseas, and constructing 30 factories abroad.ChemChina is widely acclaimed in the world chemical industry, and has successively won the title of “the Worlds Most Valuable Chemicals Company” and “Green Enterprise” voted by authoritative organization in the world.
In the face of the changing international market and complex market conditions, ChemChina has taken vigorous measures to further strengthen corporate management, speed up the transformation from low-cost to high quality, from OEM and ODM pastelimit position in the international market, accelerate the penetration of industry chain and value chain, promote the development of the enterprise from “big” to “strong”, lead the successful implementation of “Thousand chemical enterprises and tens of thousands of enterprise chemical industry” strategy, and promote the new thirty-year development process.
At present, ChemChinas profitability, market position and influence are continuously expanding, and it has become an indispensable and important participant, leader, and organizer in the global market scale and in market competition.In the future, ChemChina will continue to strengthen its research, production and independent innovation capabilities, enhance international cooperation and communication and actively participate in the international market competition, and make unremitting efforts to build a world-class comprehensive chemical enterprise group.
