Sinochem: striving to build a world-class comprehensive chemical enterprise

On April 7, six ministries including the Ministry of Industry and Information Technology jointly issued the "Guiding Opinions on Promoting the High-quality Development of the Petrochemical and Chemical Industry during the 14th Five-Year Plan" (hereinafter referred to as the "Opinions")
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Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, the "Opinions" firmly grasp the strategic opportunity period of the "14th Five-Year Plan", comprehensively consider the changes in domestic and foreign situations, the development characteristics of the petrochemical and chemical industry, and the development stage of our country, and make overall plans for development.
and safety, adhere to the basic principles of market leadership, technological innovation, green safety, and open cooperation, and determine the development goals of China's petrochemical and chemical industry in 2025, focusing on innovative development, industrial structure, industrial layout, digital transformation, green and low-carbon, and safe development.
These six key tasks clearly outline the high-quality development roadmap of China's petrochemical and chemical industry, and point out the direction for the company's "14th Five-Year Plan" development
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The "14th Five-Year Plan" period is the key five years for China to transform from a big chemical country to a strong chemical country.
It is a period of reshaping the competition pattern of global petrochemical and chemical enterprises.
It is also a breakthrough period for Sinochem to promote the integration of "two industrializations" and a mission The transitional period of a leading strategy
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Sinochem China will adhere to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, fully implement the central government's decision on the reorganization of industrialization and industrialization, earnestly implement the requirements of the "Opinions", take promoting the high-quality development of the petrochemical industry as the theme, and adhere to "science first" , deepen the integration of industrialization and industrialization, optimize global operations, and comprehensively build a world-class comprehensive chemical enterprise with global competitiveness from the four elements of society, customers, shareholders and employees
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Based on the four principles identified in the "Opinions", Sinochem has put forward ten development principles including focusing on the main business, putting science first, low-carbon development, market orientation, and people-oriented, and promoting the implementation of the "Industrial Development Strategy" during the "14th Five-Year Plan" (referred to as the 123 strategy), that is, closely following one strategic positioning, carrying out two major industrial missions, and implementing three major transformation and upgrading
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Sinochem will adhere to the strategic positioning of "a world-class comprehensive chemical enterprise led by life science and material science, supported by petrochemical industry, guaranteed by environmental science, and driven by science and technology", aiming to promote the high-quality development and acceleration of China's agriculture The major national strategic needs of the new chemical material industry to make up for shortcomings, undertake the industrial mission of a central enterprise, and create a world-leading agricultural technology company and a world-class new chemical material company; implement the upgrade from a single product to an industrial chain, from providing products to providing comprehensive solutions Program upgrade, from traditional enterprises to digital and intelligent enterprises
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Sinochem will build a world-class comprehensive chemical enterprise with a "three-step" strategy through three five-year plans
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Sinochem will actively deploy and implement the six key tasks proposed in the "Opinions" to help achieve the main goals
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industrial structure

Sinochem China will rely on the existing product base to develop related high value-added products through chain extension; develop key intermediates that run through the industrial chain through supplementary chain; improve the technical level and scale effect of products through strong chain; From product competition to industrial chain competition, actively create ten advantageous industrial chains and five potential industrial chains
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On the one hand, we will build a life science industry chain such as modern seed industry, plant protection, and animal nutrition to promote the high-quality development of China's agriculture; on the other hand, we will build epoxy resin, polycarbonate, fluorine materials, silicon materials, special fibers, electronic chemicals, The material science industry chain such as lithium battery materials will speed up China's new chemical materials industry to make up for shortcomings
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Industrial layout

In terms of industrial layout, Sinochem will actively leverage the advantages of China's super-large market and build a "dual circulation" development pattern.
It will focus on building four large-scale integrated bases and a number of specialized and characteristic bases in China.
Internationally, it will further optimize regional production capacity layout and improve Cost competitiveness and customer response speed, improve the level of global operation, and realize the development model of world level + Chinese cost + world market
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innovation development

Sinochem China will deploy the innovation chain around the industrial chain, lay out the industrial chain around the innovation chain, actively create a source of original technology for new chemical materials, organize major and key technological breakthroughs, strengthen the construction of strategic scientific and technological strength, reshape the scientific and technological innovation system, and promote the realization of high-end technology.
At the same time, it will build a virtuous circle in which the healthy development of the main business is driven by the achievements of scientific and technological innovation, and establish the innovation mechanism of the Central Research Institute
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digital transformation

Sinochem China will comprehensively promote the company's digital transformation, focus on three major directions of group management, resource sharing and industrial collaboration, actively use digital technologies, and create a fully online, fully connected and fully coordinated digital environment to achieve "Sinochem on the Cloud".
Improve the quality and efficiency of digitalization, promote the upgrading and development of industrial digitization and digital industrialization, build "online Sinochem, digital Sinochem, and intelligent Sinochem", play the driving role of data elements, and promote high-quality development of the company
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Green and low carbon

Sinochem China will conscientiously implement the national development requirements for carbon peaking and carbon neutrality, earnestly fulfill the mission of a central enterprise, and strive to be the vanguard and practitioner in the "carbon peaking and carbon neutrality" exam.
Combined with its own industrial characteristics and technological advantages, Taking energy efficiency improvement and industrial upgrading as the main path, we will achieve carbon reduction at the source, process carbon reduction, and end-use carbon, and continue to increase emission reduction efforts to promote the company's green and low-carbon development
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safety development

Sinochem China will adhere to the concepts of safe development, green development, healthy development and scientific development, adhere to the people first, life first, and insist on the harmonious coexistence of man and nature, with the goal of creating world-class HSE performance, with risk management as the core, and adherence to system leadership , professional improvement, cultural drive, resource guarantee, and strive to build the core competitiveness of HSE, and build a healthy Sinochem, a safe Sinochem, and a green Sinochem
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Sinochem China will conscientiously implement the spirit of Premier Li Keqiang's important instructions on the reorganization of the two industrialization and the spirit of State Councilor Wang Yong's speech at the Sinochem Sinochem inaugural meeting, earnestly implement the requirements of the "Opinions", forge ahead, have the courage to compete, optimize resource allocation, focus on Mainly responsible for the main business, further promote the integration and transformation and upgrading after the reorganization, build a world-class comprehensive chemical enterprise, lead the industry upgrade and reform, and promote China to accelerate from a chemical giant to a chemical power
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