Sinochem Holdings will implement the strategy of innovation-driven development, commit to the value of “In Science We Trust”, and adhere to the overall strategic positioning of building a company “led by life science and materials science, supported by basic chemicals and environmental science, driven by science and technology”. Sinochem Holdings will operate in eight business sectors covering life science, materials science, basic chemicals, environmental science, rubber and tire, machinery and equipment, city operation and industrial finance, aiming to forge several industrial leaders of global influence.
Life science business consists of agrochemical business for planting industry and animal nutrition business for breeding industry. The agrochemical business will fully tap the potential for synergy and develop high-quality agricultural materials and comprehensive agricultural services. The animal nutrition business will enrich the product portfolio and expand the business scale.
Materials science business will leverage existing strength to enhance engineering plastics, silicon fluoride and polymer additives, explore potentials in the lithium battery materials and electronic chemicals, and provide integrated chemical materials solutions on key downstream application areas like automotive.
Basic chemicals business will focus on the development of petrochemical business, extend and upgrade the industrial chain to produce "fewer petroleum products and more chemicals", develop featured basic chemicals such as chlor-alkali to strengthen the raw material foundation.
Environmental science business will focus on the subdivisions of industrial water treatment, hazardous waste treatment, and soil remediation, strengthen the environmental protection in chemical industry, and ensure the green development of the comprehensive chemical industry.
Rubber and tire, machinery and equipment, city operation, and industrial finance business will improve development quality while strengthening synergies with main chemical businesses.