The Central Enterprises’ Undertaking against “Critical Moments” -Sinochem Petrochemical Distribution Manages Upstream-Downstream Coordination to Ensure Complete and Stable Products Chain and Supply Chain

Date: 2020-02-27 Source: Chemicals Division III Author: Chen Jin

As a professional petrochemicals sales company under Sinochem Energy of Sinochem Group, Sinochem Petrochemical Distribution Co., Ltd. (hereinafter referred to as “Sinochem Petrochemical Distribution”) earnestly studied the content of important speeches by General Secretary Xi Jinping at the meeting concerning COVID-19 prevention and control as well as deployment of economic and social development work. By comprehensively promoting the orderly resumption of work and production and starting production and operation, Sinochem Petrochemical Distribution actively drove the coordinated development of upstream and downstream industrial chain enterprises and enterprises of all kinds.

Styrene, as an integral part of self-operation businesses of Sinochem Petrochemical Distribution, is an important raw organic compound in petrochemistry. With direct upstream materials of benzene and ethylene, styrene has relatively scattered downstream materials, mainly involving EPS, PS, ABS resins, synthetic rubbers (SBR, SBL, SBS, etc.), UPR, and styrene copolymer (such as SBC). Its application can be widely found in heat preservation in buildings, automobile manufacturing, household appliances, toy manufacturing, textiles, paper production, shoemaking, packaging, FRP products, and coatings.

In actuality, Sinochem Petrochemical Distribution overcame real difficulties, communication and delivery problems. Through concerted efforts of the business departments and all functional departments to guarantee styrene delivery of upstream suppliers, Zhuoyuan 56 berthed alongside ZPC completed the shipment of styrene products on February 7, 2020. In the same month, the Company helped an upstream refinery transfer a 10,000-ton styrene shipload to the warehouse of another port, which significantly alleviated the pressure on upstream enterprises.

Meanwhile, to ensure the successful delivery of styrene to downstream enterprises during these difficult times, employees from Sinochem Petrochemical Distribution worked around the clock and actively coordinated downstream production plans and logistic transport. In terms of ordering, shipping, and credit granting, the Company adopted targeted measures for different enterprises and matched demands. Through this, it guaranteed the on-time and safe delivery to each downstream factory by fleets and supported downstream enterprises' production. Meanwhile, all formulated monthly target son a yearly basis were surpassed.

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