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SASAC Announced Sinochem’s Core Business

Date:2005-05-27 Source:Sinochem Group
On Apr.19th 2005, State-owned Assets supervision and Administration Commission of the State Council (SASAC) announced the second group of 13 central SOEs’ core business scope. Sinochem is the first company to be mentioned. Sinochem’s core business is: Oil, fertilizer, chemical products’ trading, distribution and logistics; Crude oil, fuel oil, natural rubber’s futures business; Overseas oil and gas resources’ exploration, oil processing, chemical mineral’s mining and mill run, fertilizer and chemicals’ production; hotels, real estate’s development and operation.