Introduction

ChemChina is a state-owned enterprise established by reorganizing the subsidiary companies under the former Ministry of the Chemical Industry, People’s Republic of China. ChemChina ranks 167th on the 2017 “Fortune Global 500” list and is the largest chemical enterprise in China. The Company has 160 thousand employees with 86,000 outside China.

Strategically positioned to “new science, new future”, ChemChina operates in 6 business sectors covering new chemical materials and specialty chemicals, basic chemicals, oil processing, agrochemicals, tire & rubber products and chemical equipment.

Headquartered in Beijing, ChemChina has production and R&D bases in 150 countries and regions worldwide, and boasts a full-fledged marketing network. ChemChina operates 6 strategic business units (SBUs), 4 directly affiliated units, 92 production and operation enterprises, 12 overseas enterprises, and 339 R&D institutes, among which 147 are overseas ones. Moreover, it controls 9 listed companies. ChemChina has a comprehensive sustainability program that reinforces its commitment to environmental safety, energy conservation and emission reduction. As the leader in "zero emissions" management, ChemChina spares no efforts in minimizing pollution and carbon emissions through advanced management and technologies.

During the implementation of the 13th Five-Year Plan, ChemChina will accelerate the industrial restructuring in accordance with the concept of "new science, new future" and upgrade the business layout of “3+1” incorporating toward the three industries of life science, material science and environmental science, striving to become a worldleading chemical enterprise with international competitiveness.

Being internationally positioned, ChemChina is gradually expanding its overseas business and investment, and is actively exploring new forms of overseas cooperation, so that its business volume will continue to grow.

Strategy
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