On Oct 15 -30th, the 98th Canton Fair was successfully held in Guangzhou. Sinochem Ningbo, Sinochem Shanghai and other 7 Sinochem Subsidiaries joined the joint trading group to take part of the event. Sinochem companies altogether won the contracts valued 39.13 million USD, a 3.79% increase year on year.
The commodities included in the contracts revealed several new features. Those energy-consuming, environment-polluting products and natural-resources type commodities step down while the newly developed, Hi-tech, high added value "raw material type" products take the centre stage. Many of Sinochem's new commodities have its own brand. Sinochem displayed its own excellence of brand. Sinochem takes its brand-building as one of its priorities.
177,000 purchasers from 210 nations and regions jointed the fairs. The total volume of the contracts reached was USD 29.44 billion, a 0.7% percent growth comparing with the canton fair held this spring.