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Sinochem's core businesses include 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.
The chemical market value of China had increased in the past 30 years. In 2015, it represented about 30% of the chemicals demand all over the world. [19] China's demand growth of the chemical industry has slowed down from the two-digit rates in the past 10 years, but it still has 60% growth for the global demand from 2011 to 2020. [18]
In 2011, Brenntag established a joint venture with Zhong Yung International Chemical Ltd. in China and in 2016 the company acquired the distributor EPChem Group in Singapore. [ 16 ] [ 17 ] Due to capacity problems, in 2017, Brenntag moved its headquarters from Mülheim an der Ruhr, to the House of Elements in Essen-Rüttenscheid . [ 18 ]
China National Chemical Corporation, commonly known as ChemChina, is a Chinese state-owned chemical company in the product segments of agrochemicals, rubber products, chemical materials and specialty chemicals, industrial equipment, and petrochemical processing for the civilian and military sectors. [2]
Founders of Makhteshim. Agan was founded in 1949 as a cooperative, while Makhteshim was created in 1952. [4] In 1973, Agan and Makhteshim partnered to distribute their products and 24 years later merged to form Makhteshim Agan Industries Ltd. [5] In October 2011, ChemChina acquired a 60% stake in Makhteshim Agan, [3] delisting from the Tel Aviv Stock Exchange.
Infineum International Limited is a joint venture between ExxonMobil and Shell plc through each companies' chemical divisions. Its headquarters are located in Abingdon, England and it has operating centers throughout the United Kingdom , United States , Germany , France , Italy , China , Singapore .
Chinachem Group (Chinese: 華懋集團) is a corporate group established in Hong Kong by Teddy Wang's father Wang Din Sin (王廷歆). [1]The early years of the group were dedicated to exploration of and investment in agricultural projects and chemicals.
The American Chemistry Council estimated that global chemical sales in 2014 rose by 3.7% to US$5,389,000,000,000. [3] In 2018, Forty-eight of the companies on the list disclosed chemical profits, which totaled US$110,100,000,000, an increase of 1.3% from 2017. The average profit margin for chemical operations for these companies was 9.6%. [1]