Sinochem Corporation Overview
Pro stress-test →Sinochem Corporation is a key state-owned enterprise supervised by China's State-owned Assets Supervision and Administration Commission, with core businesses spanning energy, agriculture, chemicals, real estate, and financial services. As one of China's four state oil companies, it is China's biggest agricultural input company and a leading chemical service company.
Strategic Profile
Pro stress-test →As of 2024, Sinochem Holdings reported revenues of $143.24 billion and employed 203,727 people, positioning it as a Fortune Global 500 company. S&P Global Ratings assigned an 'A-' long-term issuer credit rating to Sinochem Corp. Ltd. in September 2025, with a stable outlook, reflecting strategic importance to the Chinese government and sovereign support despite elevated leverage.
Competitive Landscape
Pro stress-test →Sinochem competes with other integrated energy and chemicals conglomerates including CNOOC, PetroChina, and international traders like Trafigura and Mercuria. Within Asia, regional competitors include POSCO International. The company holds advantages through state backing, integrated supply chain control, and dominance in Chinese agricultural inputs, but faces margin pressure from commodity-traded segments and competition from more efficient international rivals.
Industry Context
Sinochem Corporation operates in Petrochemicals distribution and trading.
Key facts
Founded: 1950 · Headquarters: Xiong'an/Beijing, China · Employees: 203,727 (2024) · Revenue: $143.24B (2024 consolidated); $7.4B (Sinochem International 2023) · Market cap: $2.23B (Sinochem International as of March 2026)