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 119rd in 2013. 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.

For decades, Sinochem Liaoning Corporation, under the correct leadership of Sinochem Group, adheres to the core philosophy of “Creating Value and Pursuing Excellence”, and insists on reform and development, innovative operation and strategic transformation. Sinochem Liaoning Corporation has now developed into a comprehensive marketing service provider with handling nearly 1000 products, establishing cooperative relationships with more than 1000 customers from over 100 countries and regions in the world, creating annual turnover always above USD 100 million. At present, Sinochem Liaoning Corporation focuses on three major businesses: mineral resources, petroleum chemicals and logistics, with total existing assets of nearly RMB 500 million, owners’ equity of RMB 300 million and the annual revenue exceeding RMB 1 billion.

Mineral resources business mainly deals in boron series, molybdenum series, magnesium series and other metal materials. It has been more than 40 years since Sinochem Liaoning Corporation started the business of metal & mineral international trade acting as one of the most traditional traders in mineral resources business. In recent years, Sinochem Liaoning Corporation has further extended the business to the upstream and downstream sectors gradually. Sinochem Liaoning Corporation used to be the largest Borax exporter and the largest Borax importer while now in domestic market it is still one of the largest ferro boron exporters and the largest dealers of boric acid imported from South America. Sinochem Liaoning has achieved above 20% in domestic market share for importing borc acid.

Petrouleum chemicals business mainly deals in bulk chemicals, paraffin wax and fine chemicals. Taking full advantage of petrochemicals resources in Northeast China, Sinochem Liaoning Corporation has established long-term cooperative relationships with large-scale enterprises in upstream sector, such as CNPC in Fushun, Daqing, Panjin and China Offshore Bitumen Co.,Ltd. Gradually expanding the abroad supply channels, constantly strengthening the ability of seeking resources from the upstream, Sinochem Liaoning Corporation has grown to be the stable distributor to large-scale refineries in Northeast China, North China and East China, and actively explored the international market including Southeast Asia. Sinochem Liaoning Corporation has become one of the chemicals marketing enterprises with certain territorial influence.

Logistics business mainly deals in the bulk warehouse with land area of more than 300,000 square meters and railway special lines in warehouse. Sinochem Liaoning Corporation is now setting about two construction projects including dangerous cargo warehouse and modern logistics and storage base in Dalian district. The aim is to build a professional logistics park with leading domestic level, to expand the function of comprehensive logistics service step by step, and finally to develop into one of the famous comprehensive logistics service providers in the world.