On March 15, the group headed by Mr. Stephen R.Clark, CEO of Brenntag, Mr. Jurgen Buchsteiner, CFO, visited Sinochem International.
Xu Weihui, General Manager of Sinochem International, Xian Ming, Managing Deputy General Manager, Yao Xingliang, General Manager of Chemical Industry Head Department, met the guests. Both parties discussed various issues including the development situation of distribution market of chemical industry in China and the cooperation between Sinochem International and Brenntag.
Stephen expressed strong interest in Chinese economy and the development of its chemical industry, and the possibility of entering China market at correct time. Xu Weihui welcome the group led by Stephen and expressed the hope of business cooperation with Brenntag at appropriate time.
Brenntag is now the world largest specialized chemical products distributor, ranking 1st in Europe, 3rd in North America and taking the leadership in Latin America, with more than 300 distribution centers and sites in the world staffed with more than 8900 employees. The global earning for 2005 was 5.887 billion euro with EBITDA of 300 million euro. Brenntage, Univar and Ashland together are the 3 giants in global chemicals distribution business.
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