About
Sinochem Holdings is the product of China's biggest state-enterprise merger in decades: in 2021, Sinochem Group and ChemChina — two of China's largest chemical and trading conglomerates — were merged into a single entity with more than US$170 billion in annual revenue, creating one of the world's largest chemical companies. The combination united Sinochem's trading and energy logistics strength with ChemChina's industrial assets, including the Swiss agrochemical giant Syngenta, acquired in 2017. The merged group's business spans four pillars: energy (oil trading, storage, and refining), chemicals (basic chemicals, rubber, and additives), agriculture (seeds, crop protection, and fertilizers via Syngenta and its domestic units), and finance & real estate. Its agriculture business makes it one of the world's largest crop protection and seed companies — a strategic asset in China's food security policy. Headquartered in Beijing with more than 200,000 employees, Sinochem Holdings operates in over 100 countries. Its creation was explicitly strategic: Beijing wants national champions in key industries, and Sinochem — with its combination of trading networks, chemical plants, and global agribusiness — is designed to be China's answer to companies like BASF, Bayer, and the global commodity traders.
Also known as: Sinochem
