Sinochem Corporation
News and overview for Sinochem Corporation
La Cortez Energy Announces Operations Update in the Maranta and Putumayo-4 Blocks in Colombia [Press Release]
Business Wire | 19 days 9 hours 4 minutes ago
La Cortez Energy, Inc. (“La Cortez”) (OTC: LCTZ) is pleased to announce the following operational update:
Sinofert Holdings Limited Announces 2009 Interim Results [Press Release]
PRNewswire | 97 days 13 hours 33 minutes ago
HONG KONG, Aug. 18 /PRNewswire-Asia/ -- Summary 2009 Interim Results (six months ended June 30th) -- Turnover was RMB 12,505 million, down by 44.0% over the same period of 2008. -- Net loss attributable to shareholders was RMB 828 million. Excluding write-down of inventories and change in fair value of derivative component of convertible loan notes, net profit attributable to shareholders was RMB 118 million, representing a decrease of 90.7% ...
China Agritech Expands Sales Contract with Sinochem, China's Largest Fertilizer Distributor [Press Release]
PRNewswire | 76 days 10 hours 32 minutes ago
BEIJING, Sept. 8 /PRNewswire-Asia-FirstCall/ -- China Agritech, Inc.
Manulife-Sinochem Expands Again in China - New license approved for Shantou [Press Release]
PRNewswire | 34 days 23 hours ago
Now operating in 38 cities, 11 provinces
La Cortez Updates on Colombian Maranta, Putumayo-4 Blocks
Rigzone.com | 19 days 2 hours 51 minutes ago
La Cortez has provided an operational update for production developments in the Maranta and Putumayo-4 blocks, onshore Colombia.
Manulife-Sinochem Expands Again in China [Press Release]
PRNewswire | 59 days 6 hours 31 minutes ago
TORONTO, Sept. 25 /PRNewswire-FirstCall/ - Manulife Financial today announced that it is expanding again in China, with confirmation that Manulife-Sinochem Life Insurance Co. Ltd. has received approval from the China Insurance Regulatory Commission (CIRC) to operate in the Province of Tianjin, one of China's fastest growing provinces.
International Far Eastern Leasing Receives Investment from KKR, GIC and CICC [Press Release]
Business Wire | 40 days 13 hours 34 minutes ago
An investor consortium including affiliates of Kohlberg Kravis Roberts & Co. L.P. (KKR), Government of Singapore Investment Corporation (GIC SI) and China International Capital Corporation Limited (CICC) announced an investment of $160 million for a significant minority stake in International Far Eastern Leasing Company Ltd. (Far Eastern), the leading provider of financial leasing in China and a subsidiary of Sinochem Group (Sinochem). The investment will support Far Eastern’s future growth a...
Insurers Adjusted Stock Investment in Q3
Investor's Business Daily | 20 days 8 hours 9 minutes ago
SHANGHAI, Nov 03, 2009 (SinoCast Daily Business Beat via COMTEX) -- Three leading Chinese insurance companies bought in more of the medicine and petrochemical-related stocks in the third quarter of 2009.
Research and Markets: AgroChemicals - a Global Market Report [Press Release]
Business Wire | 6 days 8 hours 37 minutes ago
Research and Markets (http://www.researchandmarkets.com/research/58592f/agrochemicals_a) has announced the addition of the "AgroChemicals - A Global Market Report" report to their offering.
Manulife Financial Confirms and Clarifies its Commitment to China [Press Release]
PRNewswire | 68 days 3 hours 31 minutes ago
TORONTO, Sept. 16 /PRNewswire-FirstCall/ - In response to local media reports from China that some foreign insurance companies may be planning to scale back operations in the PRC, Manulife Financial today affirmed that it continues to focus its strong operational growth in China through its highly successful Manulife-Sinochem Life Insurance Co. Ltd. partnership, which is currently licensed in 36 cities across 10 provinces in China. The Manulife-Sinochem partnership has more than 11,000 profes...
PRESS RELEASE:KKR,GIC,CICC Buy Stake In Intl Far Eastern Leasing
Wall Street Journal, The | 40 days 12 hours 18 minutes ago
The following is a press release from KKR: HONG KONG--(BUSINESS WIRE)--October 14, 2009--An investor consortium including affiliates of Kohlberg Kravis Roberts & Co
Spoils of war go East as Kabul looks for highest bidder
Times (London), The | 4 days 20 hours 8 minutes ago
Thirty miles south of Kabul there is a complex of blue and white bungalows, ringed by a blast-proof fence, that bears testament to the new Great Game in Central Asia.
Us Aircraft Suppliers See Chinese Upside - Business Travel - Portfolio.com
Portfolio.com | 32 days 16 hours 31 minutes ago
With Boeing's Dreamliner woes deepening, suppliers are turning to an alternative—a 737 look-alike made on the other side of the world.
13 Results
Sign up for ACC SmartBrief
Company Overview
| Company: | Sinochem Corporation |
|---|---|
| Industry: | Chemical Distribution |
| Website: | http://www.sinochem.com |
Sinochem deals primarily in petrochemicals distribution, but also in rubber, plastics, and agrochemicals. Founded in 1950, it is China's largest trading company and its first multinational conglomerate. It operates through more than 100 subsidiaries in China and abroad in concerns ranging from petroleum trading to real estate. Formerly owned directly by the Chinese government, Sinochem converted to a joint-stock company in 2009; initially it is owned by newly formed Sinochem Group (98%) and publicly traded Chinese shipping giant COSCO (2%). The move was designed to signal Sinochem's transformation to a market-oriented company.
Key Numbers
| Sales in U.S. Dollars (mil.) | 45,207.5 (2008) |
|---|---|
| One-year % Growth in Sales | 0.0 (2008) |
| Net Income in U.S. Dollars (mil.) | 0 () |
| One-year % Growth in Net Income | 0.0 () |
| Number of Employees | 400 (2008) |
| One-year % Growth in Number of Employees | 0.0 (2008) |
| Fiscal Year-End | December |