Sinochem

Sinochem Group

Type	Government-owned corporation
Founded	1950; 67 years ago (1950)
Headquarters	Beijing, China
Area served	Worldwide
Key people	Ning Gaoning (宁高宁) (Chairman)
Products	Petrochemical, Petroleum, Fertilizer
Number of employees	50,000 (2013)
Website	english.sinochem.com

Sinochem Corporation (Chinese: 中国中化集团公司) is a Chinese conglomerate primarily engaged in the production and trading of chemicals and fertilizer and exploration and production of oil. Its majority owned fertilizer subsidiary Sinofert is involved throughout the chain from production of the product and procurement on international markets to distribution and retail.

Sinochem Group was founded in 1950. Its predecessor was China National Chemicals Import and Export Corporation, which was China's largest trading firm. Sinochem Group is the key state-owned enterprise under the supervision of State-owned Assets Supervision and Administration Commission of the State Council (SASAC). Sinochem’s headquarter is located in Beijing.

Sinochem’s core businesses span over energy, agriculture, chemicals, real estate and financial service. It is one of Chinese four state oil companies, China’s biggest agricultural input company (fertilizer, seed and agrochemicals), China’s leading chemical service company.

Sinochem currently owns more than 300 subsidiaries inside and outside China. It controls several listed companies including Sinochem International (: 600500), Sinofert (: 00297) and Franshion Properties (: 00817), and is the largest shareholder of Far East Horizon (: 03360). In June 2009, Sinochem Group established Sinochem Corporation as the vehicle for potential group IPO.