Incorporated in 1950, Sinochem Liaoning Corporation, one of the earliest state-owned professional foreign trade companies, is the only sole subsidiary corportion fully owned by Sinochem Group in Dalian district, Northeast China. As a key state-owned enterprise, Sinochem Group has been named to “Fortune Global 500” for 20 successive times, ranking the 203rd in 2010. Sinochem Group’s main business spreads across five areas: energy, agriculture, mineral chemicals, real estate and finance. It is China’s fourth largest national petroleum company, largest integrated operator of agricultural inputs, leading comprehensive service provider of chemicals logistics, and at the same time has strong influence in China’s high-end commercial properties and non-bank financial service sectors. |