Sinochem Energy Co., Ltd. (Sinochem Energy for short)is a leading petroleum and petrochemical business operator and service provider in China.As the carrier of the Energy Business of Sinochem Group, Sinochem Energy has, based on the solid foundation it has laid down in petroleum sector with unswerving efforts during the past six decades, that is anchored by our integrated refining and petrochemicals operations, and which encompasses a number of synergetic businesses along the value chain into an integrated platform. We strive to lead the on-going reform of China’s energy industry.
Sinochem Energy Group operate in the following segments: Oil and petroleum products trading, Refining and petrochemicals, Storage and logistics, Marketing and distribution, and corporate and technology. We engage in the trading of crude oil and refined petroleum products, which we were the first state-owned company in China to specialize in. We were the largest provider of commercial storage and logistics services for crude oil, refined petroleum and petrochemicals products in China in terms of commercial storage capacity in 2017，We also had the fourth largest network of branded service stations in the PRC in terms of the number of service stations as of June 30, 2018. These businesses can be further enhanced by our internet-based technology platform. We aim to connect every player in the petroleum and petrochemicals value chain, and to reshape the industry through transformational innovation. We operate one of the most competitive refining and petrochemicals complexes in Asia, Quanzhou Refinery, which benefits from a number of “late-comer” advantages, and which possesses significant growth potential. These businesses can be further enhanced by our internet-based technology platform. We aim to connect every player in the petroleum and petrochemicals value chain, and to reshape the industry through transformational innovation.