As a state-owned energy company in China, Sinochem Group has laid down a solid foundation in petroleum sector with unswerving efforts during the past seven decades. By fully leveraging advantages in resources, channels and operation both home and abroad, we stood out as a back bone supplier of oil and gas resource to underpin the social and economic development of the nation, participated in the establishment of the national strategic petroleum reserve system, and studied in the national energy development planning program. It is playing an increasingly important role in both markets at home and abroad.
Over the last two decades, Sinochem Group has not only consolidated its traditional advantages in international oil trade, storage and logistics areas, but speeded up its business extension along both ends of the industrial chain, ensuring the sustainable growth of its business. At present, Sinochem Group’s energy business consists of the following professional sectors: exploration and production, oil trade, oil refining, storage and logistics, oil products marketing, petrochemicals marketing and industrial park development. Sinochem Group has evolved into a key energy enterprise in China featuring internationalization, complete industrial chain, and prominent marketing capabilities. Its industrial strength and sustainability has been growing continuously.
Currently, while Sinochem Group is speeding up the integration of refining and chemicals business, we are actively pushing forward energy network by applying internet technology in innovating business models and shaping smart operator in petrochemical industry.