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Who knows if Sinochem Oil and China Petrochemical are the same?
Sinochem Oil is different from China Petrochemical. Sinochem Oil is a wholly-owned subsidiary of China Sinochem Group, while China Petrochemical is a state-owned company, an investment institution authorized by the state and a state holding company. China Petrochemical Co., Ltd. was reorganized and established on the basis of the former sinopec group in July 1998, and Sinochem Petroleum Co., Ltd. was established in May 1988 and May/2 1.

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Brief introduction of China Sinochem Group Company

China Sinochem Group Co., Ltd. (hereinafter referred to as Sinochem Group) was established in 1950, formerly known as China Chemical Import and Export Corporation, and is now an important state-owned backbone enterprise supervised by the State-owned Assets Supervision and Administration Commission of the State Council, with its headquarters in Beijing.

Sinochem Group is a leading comprehensive petrochemical operator, an integrated enterprise of agricultural inputs (seeds, pesticides and fertilizers) and modern agricultural services, and has a strong influence in urban development and operation and non-bank finance.

As a comprehensive multinational company based on market competition, the products and services provided by Sinochem Group are widely used in social production and people's daily necessities. Sinochem and Sinochem's brands enjoy good reputation at home and abroad.

Sinochem Group has five business divisions, namely, energy, chemical industry, agriculture, real estate and finance, and has specialized operations in more than 300 domestic and foreign business organizations. It also holds shares in many listed companies, such as Sinochem International (SH, 600500), Sinochem Fertilizer (HK, 00297) and China Jinmao (HK, 008 17), and has nearly 6 employees worldwide.

Sinochem is also one of the first China enterprises to be selected into Fortune Global 500. Up to now, it has been on the list for 28 times, ranking 98th on 20 18, and has been rated as "the most admired company in the world" by Fortune for two consecutive years.

Over the years, Sinochem Group has persisted in promoting strategic transformation and management reform, and achieved sustained, healthy and rapid development of the enterprise. In the State Council SASAC performance appraisal, Sinochem Group was rated as Grade A for thirteen times.

Facing the future, Sinochem Group will follow the core value concept of "science first", and is determined to build an innovative enterprise driven by science and technology and a world-class comprehensive chemical enterprise, and constantly improve its scientific and technological innovation ability, core competitiveness and sustainable development ability, so as to create maximum value for customers, shareholders and employees and contribute to industry development and social progress.

Sinochem Group-Company Profile

China Petrochemical-Company Profile