SINOCHEMChina National Chemicals Import & Export Corporation
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At present, Sinochem has entered a crucial stage which presents us with great opportunities as well as challenges.
As part of the deal, SinoChem has committed to purchase the produce of ANI's contract growers.
We're building on a rich history that began 150 years ago as the 'Nederlandsche Gist- en Spiritusfabriek', then Gist Brocades and more recently DSM Sinochem Pharmaceuticals.
Strong Linkages with Parent: SIC's rating is derived from Sinochem Corporation, reflecting its strong linkages with its parent, and is in line with Fitch's Parent and Subsidiary Rating Linkage criteria.
The 260 million RMB ($37.6 million) deal, which was signed at the first ever China International Import Expo, was agreed upon by ANI president and chief executive officer Antonio Tiu and Sinochem general manager Cui Yan.
The deal was signed on November 6 at the first-ever China International Import Expo by ANI President and CEO Antonio Tiu and Sinochem General Manager Cui Yan.
Song Weibo, vice-president of the agriculture business unit at Sinochem and general manager of China National Seed Group Co, said the former will continue its efforts to promote hybrid wheat in Belt and Road-related countries and regions.
DSM Sinochem Pharmaceuticals (DSP) plans to expand its manufacturing facility in Delft, the Netherlands, Manufacturing Chemist reported on Thursday.
"The government has given the mandate to let Sinochem lead in this potential merger with ChemChina," said the source.
Cai, a 30-year oil industry veteran, was named to lead Sinochem in 2014 after a long career at China Petroleum and Chemical Corp.
Canpotex Limited, the exclusive offshore marketing company owned by the three Saskatchewan potash producing companies, has signed a new three-year Memorandum of Understanding with Macau-based Sinochem Fertilizer Macao Commercial Offshore Ltd.