Chronicle for Sinochem
Year:2008 ISSUE:6
COLUMN:COMPANY FOCUS
Click:201    DateTime:Nov.18,2008
Chronicle for Sinochem      

Sinochem (Sinochem Corporation), which is a state-owned company born in 1950, is one of the four largest petroleum importers and the largest oil products importer in China.
   March 16th, 2006: Sinopec Corp. and Sinochem Corporation jointly announced that both sides set up a joint venture, named Sinopec Sinochem Oil Products Sales Company Ltd.
   March 21st, 2006: Sinochem's wholly-owned subsidiary Atlantis signed production contract with RAK Natural Gas Committee and UAQ government to explore UAQ's offshore gas field.
   July 6th, 2007: Sinochem Hong Kong Holding Ltd. (0297.HK) announced that it will acquire 50 million new shares in Shandong Luxi Chemical Co., Ltd., through its subsidiary Sinochem Fertilizer.
   July 8th, 2006: Sinochem Corporation and Qinghai Salt Lake Group signed an agreement to participate in the deal of investment increase and equity expansion of Qinghai Salt Lake Group.
   September 9th, 2006: A signing ceremony for jointly building a fluoride chemicals base at Jianyang, Fujian province was held between Fujian Jianyang Municipal Government, Sinochem Shanghai Corporation and Hangzhou Kings Industrial Co., Ltd.
   November 28th, 2006: Sinochem International Corporation announced that it will issue approximately RMB1.2 billion separate transaction convertible bonds.
   February 2nd, 2007: Sinochem Petroleum Limited (Cayman), a wholly-owned subsidiary of Sinochem Corporation, has completed the purchase and acquisition of 100% of the units in New XCL-China, LLC.
   February 7th, 2007: Sinochem Corporation and Shenyang Research Institute of Chemical Industry (SYRICI), the two state-owned companies, signed an agreement on SYRICI merging into Sinochem Corporation.
   June 2007: China National Seed Group Corporation has been merged into Sinochem Corporation, and become a wholly-owned subsidiary of Sinochem.
   August 24th, 2007: Sinochem International (Holding) Co., Ltd. announced the successful completion of its acquisition of 28% equity in Nantong Jiangshan Agrochemical & Chemical Limited Liability Co.
   November 2nd, 2007: Sinochem Fertilizer Company signed an agreement with Guizhou Hongfu Industrial Development Co., Ltd. and Gansu Jinchang Chemical Industrial (Group) Co., Ltd. on Sinochem Fertilizer acquiring a 30% stake in Gansu Wengfu.
   November 28th, 2007: Sinofert Holdings Ltd. signed an acquisition agreement with its parent Sinochem Corporation for a consideration of RMB265.18 million.
   November 28th, 2007: Sinochem Corporation and Juhua Group Corporation signed a Letter of Intent (LOI) for strengthening their strategic cooperation.