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Sinochem Group Ranked 119th among Fortune 500 Enterprises, Listed for the 23rd Time

Date:2013-07-09 Source:Sinochem Group

On the evening of July 8, Beijing time, Fortune released its latest ranking of the global top 500 enterprises in 2013. Sinochem Group was listed for the 23rd time with the operating revenue of USD 71.82 billion in 2012, ranking No. 119 this year. According to the list of each sector released by Fortune at the same time, Sinochem Group ranked 3rd among the largest trading enterprises worldwide.

Encountering great challenges externally in 2012, Sinochem sustained a stable and healthy development momentum, by exploring business opportunities, averting risks, streamlining management and promoting business transformation. In the meantime, thanks to the company's dozen years of strategic transformation and management overhaul, Sinochem has cultivated strong industrial value chain for its core businesses to form a balanced business portfolio upholding each other, which helps the company to maintain a steady profitability in a sustainable manner.As a global conglomerate with market orientation, Sinochem Group will continue to take the road as a new state-owned enterprise featuring market orientation and pursuing advancement with stable posture. In parallel, Sinochem will reassert its commitment as a corporate citizen, ratcheting up its own value by creating value for the nation, society and the clients.