Serving the National Economy and People’s Livelihoods for Mutual Prosperity
Sinochem always uphold the goal of “satisfying the State”, and identify the three important missions including protecting the national energy and agricultural safety, and promoting related industrial upgrading.
For a long time Sinochem have been committed to making contributions to protecting the national energy security. In the past 60 years, by leveraging the resources, channels and operation experience accumulated at the domestic and overseas markets, we played an active role in guaranteeing the oil and gas supply to meet the demand of China’s economic and social development. After we took over the task of building the national strategic crude oil reserve, we completed another task of developing the national product oil reserve. At the same time, we actively participated in China’s development of the strategic oil reserve network and the research for the nation’s planning of the energy sector, which further enhanced our position in the national oil security strategy.
Agricultural security serves as the foundation for China’s steady economic growth, and is related to the long-term stability of the society. Sinochem increase our input in R&D, actively conduct cooperation with specialized research institutes, and make a great effort in developing and promoting more efficient and environment-friendly agricultural inputs. As a key state-owned enterprise, every year we take over the task to reserve fertilizers during the slack seasons for the country, which plays an constructive role in guaranteeingthe market supply and stabilizing the price.
Sinochem continue to enhance our technological innovation capability in pesticides, seeds and fluorine chemicals, so as to provide a firm support for the technological progress of these areas. The China Seeds Life Science Technology Center that we proposed to build is an innovation base representing the highest level in the technology research and commercialization of the seeds industry.
Sinochem also took the initiative to establish the strategic alliance of technological innovation for seeds and dyestuff industry, and participated in the establishment of the alliance alike for pesticides industry.