BEIJING, Aug. 8, 2018 /PRNewswire/ -- August 8, 2018 marked the 30th anniversary of Sinochem Plastics Co., Ltd. Adhering to its market-oriented strategy, Sinochem Plastics has formed a business structure supported by engineering plastics, lightweight materials, fine chemicals and mineral resources over the past 30 years.
The main products of Sinochem Plastics include special automobile resins, ABS resin, polycarbonate, polystyrene, dyestuff and pigment, polyurethane, oleo chemical, Iron ore, coke and others. Sinochem Plastics offers agent distribution services in the Chinese market for large domestic and international petrochemical companies, and provides raw material solutions to customers.
Headquartered in Beijing, Sinochem Plastics has a domestic sales network and outbound purchasing platform, as well as branches in Shanghai, Tianjin, Shenzhen, Ningbo, Chengdu, Chongqing, Qingdao, Wuhan, Changchun and Dongguan.The group system also covers Sinochem Guangdong Co., Ltd., Sinochem International Chemicals (Hong Kong) Ltd. and Sinochem Japan Co., Ltd.
In 2017, Sinochem Plastics achieved a total sale of 2.25 million tons, total revenue of RMB 15bn and ranked no.1 among Asian chemical distributors for the third time. In 2018, Sinochem Plastics became a wholly-owned subsidiary of Sinochem International (holdings) Co.,Ltd.
In the future, Sinochem Plastics will focus on the Chemical Engineering Division for high-performance product planning, stick to the lightweight automotive strategy, and seek synergy by gradually expanding both upstream and downstream in the industrial chain. It will set up a R&D center to invest in research on new materials and leading technologies such as special nylon and carbon fiber composite materials. It also strives to strategically transform into a new material manufacturer that encompasses research, product design, marketing and distribution.
