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Frank Ning Visited Sinochem International and Syngenta (China)

Date:2019-11-12 Source:Sinochem Group

On November 5, during the 2nd CIIE, Mr. Frank Ning, Chairman of Sinochem Group and Chairman of ChemChina, together with management teams of Sinochem Group and ChemChina, visited Sinochem International Science and Technology Innovation Center and Syngenta (China) Investment Co., Ltd. They visited front-line employees, and had in-depth exchanges with R&D and operation teams.

After listening to reports at Sinochem International Science and Technology Innovation Center (hereinafter referred to as the “Center”), Mr. Frank Ning said that at the initial stage of strategic transformation, Sinochem Group’s SBU of Chemicals has been continuously   increasing investment in science and technology, and had fruitful results in such fields as new energy and new materials. He stressed that in  chemical industry, how to break the bottleneck of the century-old process and find breakthrough in new technologies is the focus of R&D, which poses new challenges for enterprises, but bedding both opportunities and challenges; R&D is a long-term accumulation process requiring grasping trends of new technologies. Mr. Frank Ning expected Sinochem Group’s SBU of Chemicals to realize industrialized development in more fields in the future.

By visiting affiliated laboratories and Sennics Chemical R&D Center, they had a detailed understanding of the progress and future development direction of key R&D projects. Mr. Frank Ning encouraged young front-line R&D personnel to “create more in this industry at the best and most creative time of life”. The Group will give the best resource and incentive for scientific research talents to “support with all available resources and ways”.

Mr. Frank Ning stressed the unswerving promotion of transformation to be driven by science and technology. He saw many similarities between Sinochem Group and ChemChina during this visit,  the two corporations should cooperate more to become creative companies featuring Science and Technology and new products. We are still far from being a real high-throughput innovation machine, which requires substantial accumulation and long-term investment as well as mounting efforts of scientists and generations of people. We must remain firm in strategy, planning, institutional arrangements, etc. We should increase investment in such fields as new materials, fine chemicals, and agricultural chemistry to create a large chemical conglomerate.

Later, Mr. Frank Ning led his delegation to Syngenta (China) Investment Co., Ltd. According to Mr. Frank Ning, after acquiring Syngenta, it took ChemChina nearly two years to understand and think before re-examining Syngenta’s development orientation. One of the biggest benefits of SAS alliance (Sinochem Adama Syngenta) is to release Syngenta’s creativity. Compared with other agricultural giants, besides Chinese market and sales opportunities in China, SAS values the production coordination, efficiency improvement, cost reduction, R&D enhancement and team cooperation between Chinese and foreign enterprises as well as new service experience for Chinese farmers. We believe that Syngenta’s excellent management, high-end technology, global brand and sales channels, and valuable customer base will bring remarkable growth to SAS. We will not only bring Syngenta’s quality products to China, but also bring quality technologies and products developed in China to the world to serve global farmers.

Mr. Frank Ning gave most attention to the epoch-making fungicide that Syngenta is about to launch in China. He encouraged Syngenta to accelerate innovation to bring world’s leading technologies and products into Chinese market faster, promoting strong growth of business in China, and serving China’s agricultural modernization. He also emphasized the protection of seed intellectual property rights. Syngenta would leverage the synergy of SAS and strengthen protection of intellectual property rights to escort business development, said Mr. Erik Fyrwald, CEO of Syngenta.

Finally, Mr. Frank Ning wrote a: “To Better Serve the Chinese Market”, implying the success of Syngenta’s products in Chinese market.

During the visit, the management teams from Sinochem Group and ChemChina had thorough and in-depth exchanges and discussions on the work of common concern.