Li Anze and Wei Xuanjun met guests of China Sinochem Group

Li Anze, Secretary of Xinyu Committee of CPC, Mayor Wei Xuanjun and Deputy Mayor Hu Gaoping, met Ji Bin, Manager-chief of Planning Department of China Sinochem Group on August 26. Both sides made an exchange on entrust products, facility rental service and New Energy Industry and So on.

Sinochem Corporation , founded in 1950, is China's largest trading company and its first multinational conglomerate. Sinochem deals primarily in petrochemicals distribution, but also in rubber, plastics, and agrochemicals. It operates through more than 100 subsidiaries in China and abroad in concerns ranging from petroleum trading to real estate. Formerly owned directly by the Chinese government, Sinochem converted to a joint-stock company in 2009; initially it is owned by newly formed Sinochem Group (98%) and publicly traded Chinese shipping giant COSCO (2%). The move was designed to signal Sinochem's transformation to a market-oriented company. In August 2009, Sinochem bought the United Kingdom-based oil company Emerald Energy. Sinochem Corporation , founded in 1950, is China's largest trading company and its first multinational conglomerate. Sinochem deals primarily in petrochemicals distribution, but also in rubber, plastics, and agrochemicals. It operates through more than 100 subsidiaries in China and abroad in concerns ranging from petroleum trading to real estate.