Sinochem Petrochemical Distribution Co., Ltd. (Sinochem Petrochemical Distribution) and Zhejiang Rongsheng Holding Group (Rongsheng Group) signed a memorandum of cooperation at the headquarters of Sinochem Petrochemical Distribution. The two parties intend to establish long-term cooperation in the procurement and sales of petrochemical products.
Deputy General Manager Wang Guolun gave a detailed introduction on the company profile, marketing capabilities, organizational structure, innovation platform, etc. He said that Sinochem Petrochemical Distribution will continue to follow the direction of professionalization and integration, improve the industrial chain, strengthen industrial coordination, and gradually build up a development model with Sinochem characteristics for petrochemical product marketing. In addition, the Company will build Sinochem Group's internal unified sales platform, external professional operation platform, integrated service and e-commerce platform to meet customers' most optimized "one-stop" procurement needs with innovative transaction models, abundant high-quality resources, fast information services and thoughtful online customer service. In 2017, Sinochem Petrochemical Distribution sold products to eight provinces – Liaoning, Shandong, Jiangsu, Zhejiang, Fujian, Jiangxi, Hunan, and Guangdong. It is estimated that in 2018, it will import and export 600,000 tons of chemical products, with an annual sales volume of 10 million tons. At the same time, the two sides had extensive exchanges on the pre-sales of Sinochem Petrochemical Distribution's ethylene products, reached a broad consensus on the product sales after Rongsheng Group's ethylene project was put into production, and established in-depth cooperation intentions.
At the signing ceremony, Li Bo, General Manager of Sinochem Petrochemical Distribution, and Shou Baichun, General Manager of Rongsheng International Trading Co., Ltd. under Rongsheng Group, signed a memorandum of cooperation on behalf of both parties. Deputy General Manager Wang Guolun and Wang Xiaoling, Chief Financial Officer Zhang Tao, Senior Marketing Director Guo Hui, General Manager of East China Branch Zhou Jiankang, and Deputy Director of Chemicals, Rongsheng International Trading Co., Ltd. Wang Haidong, and others attended the signing ceremony.
General Manager Li Bo said that the two parties will strengthen partnership on petrochemical product trade and logistics to complement each other's advantages and expand the business scope. Shou Baichun said that Rongsheng Group can work with Sinochem Petrochemical Distribution surrounding the logistics and distribution of petrochemical products, and that this will bring mutual benefits to both parties.
