China National Chemical Corporation, a large state-owned enterprise established in May 2004, is a large enterprise group mainly engaged in new chemical materials and special chemicals, basic chemicals, petroleum processing and refining products, agricultural chemicals, rubber products, chemical equipment and other businesses
ChemChina is a state-owned enterprise established on the basis of the former Ministry of Chemical Industry, and is the largest chemical enterprise in China, ranking 211th in the world's top 500, with a total of 160,000 employees, 83,000 of whom are located outside China. In 2016, the total assets were 377.642 billion yuan and the sales revenue was 300.127 billion yuan.
ChemChina's strategic positioning is "old chemicals, new materials", with six business segments: new chemical materials and specialty chemicals, basic chemicals, petroleum processing, agrochemicals, tires and rubber, and chemical equipment.
ChemChina has production and R&D bases in 150 countries and regions around the world, and has a complete marketing network system. There are 6 professional companies, 4 directly managed units, 92 production and operation enterprises, 7 A-share listed companies, 10 overseas enterprises, and 26 scientific research and design institutes, which are national innovative enterprises. By the end of 2016, ChemChina had a total of 10,800 valid patents, 76% of which were invention patents.
ChemChina has a comprehensive sustainability program that reinforces its commitment to environmental safety, energy conservation and emission reduction. ChemChina is a leader in "zero emission" management, which minimizes pollution and carbon emissions through developed management and technology. ChemChina is implementing the "13th Five-Year Plan", accelerating the adjustment of industrial structure in accordance with "New Science, New Future", and will form a "3 1" main business pattern of "material science, life science, advanced manufacturing and basic chemicals", and strive to become a world-class chemical enterprise with international competitiveness.
