Asia’s Biggest Petrochemical Product Management Firm Involved in TEDA

Sinopec Chemical Commercial Company established Petrochemical Trade Technology Co., Ltd. in TEDA quiet recently, with a registered capital of 100 million yuan. The company will develop spot transaction models such as spot shopping malls and bidding transactions, and build an online trading platform for chemical products. After completion, it is estimated that the annual dealmaking volume will exceed 400 billion yuan.

Sinopec Chemical Commercial Company, a wholly-owned subsidiary of Sinopec, is the largest professional petrochemical product management company integrating domestic and foreign trade in Asia so far. The online trading platform of chemical products is an important measure for the company to explore the digital transformation and upgrading of traditional enterprises. Relying on TEDA’s mature chemical new materials industry, the platform will gather users of chemical industry chain, warehousing and logistics providers, financial service institutions and consulting information service providers from all over the country and the world to build an Internet e-commerce platform for petrochemical industry, open up new channels for chemical product sales, and deepen the integration between enterprises and markets.