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August 03, 2015 4:13 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Sinochem Group

Company Overview

Sinochem Group engages in energy, agriculture, chemicals, real estate, and finance service businesses in China and internationally. It is involved in the exploration and production, refining and trading, warehousing and logistics, and distribution and retailing of oil and gas. The company also produces and distributes fertilizers, such as nitrogen, phosphate, potash, and other fertilizers, as well as compound, micro-element, controlled release, specialty, slow release, and bio fertilizers; breeds, produces, and sells rice, corn, wheat, vegetables, and rape seeds; offers agronomic services, including agronomic knowledge dissemination, onsite service and instruction, and soil testing fertiliza...

Central Tower

11th Floor

Chemsunny World Trade Center

28 Fuxingmennei Street

Beijing,  100031

China

Founded in 1950

47,920 Employees

Phone:

86 10 5956 8888

Fax:

86 10 5956 8890

Key Executives for Sinochem Group

Chairman, Chief Executive officer and President
Chief Financial Officer
Age: 51
Chief Geologist and Assistant President
Assistant President
Age: 45
Assistant President
Compensation as of Fiscal Year 2015.

Sinochem Group Key Developments

Sinochem Group and China Development Bank Sign Strategic Cooperation Agreement

Sinochem Group and China Development Bank signed strategic cooperation agreement for the thirteenth Five-Year Plan. Both parties will make full use of their strengths, expand cooperation areas and raise cooperation levels comprehensively around strategic development common point. Before signing the agreement, Cai Xiyou, President of Sinochem Group, and Zheng Zhijie, President of China Development Bank held a meeting and both expressed their wishes to deepen strategic cooperation. Yang Lin, CFO of Sinochem Group, and Zhang Xuguang, Vice President of China Development Bank signed on the agreement.

Chinese Government Reportedly Mulls Merger Of State Owned Companies

Chinese Government is considering merging of state owned companies. Companies being considered for mergers include China National Petroleum Corporation or CNPC and China Petrochemical Corporation or Sinopec, the Journal said, citing officials with knowledge of a government study. Other options include merging China National Offshore Oil Corporation, or CNOOC, and Sinochem Group, the report said.

Sinochem Group Announces Executive Changes

Sinochem Group has appointed Zhang Zhiqiang as a member of the party committee and director of Discipline Inspection Council to replace Luo Dongjiang. Zhang Zhiqiang knew a great deal about organizational and personnel management work as well as internal education and training, and had a sound knowledge of the situation of Sinochem Group.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 12, 2014
Sinochem Argo co., Ltd.
 

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