On March 28 and 29, 2005, China Petroleum and Chemical Industry Association and the Industrial and Industry and Communication Statistics Department of National Statistics Bureau jointly released the list of 2004 Top 100 Chinese Petrochemical Companies. Sinochem ranked the third among the top 100 Chinese petrochemical companies in terms of sales and the fourth in terms of comprehensive strength.
Sinochem also ranked the third among the 100 crude processing and oil products manufacturing companies and the first among the 100 fertilizer manufacturers.
The ranking only covers the manufacturers in the petrochemical industry and no logistics companies are included. Sinochem's position in the list shows the tangible progress of its strategic transition and the recognition of the industry. Sinochem received the certificate and bronze medal at the ceremony.
The ranking is made in accordance with the economic index statistics of industrial enterprises in 2004 produced by the National Statistics Bureau, with reference to international practices and in the principle of grade one legal person enterprises in different regions (with no duplication for subsidiaries) and is applied only to enterprises in Chinese mainland.