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ISSUE <strong>14</strong> EVENTSChemChinaRanked 19th among GlobalChemical PlayersICIS information provider, published the latest ranking of the top100 global chemical firms based on 2007 sales performance.China National Chemical Corporation (ChemChina) took 19thplace among the top 20 chemical makers.BASF topped the list with 2007 sales revenues worthUS$85,353 million, followed by Dow Chemical, whosesales reached US$53,513 million. ExxonMobil, with sales ofUS$53,417 million, was placed third. ChemChina was ranked19th for its sales income of US$17,400 million.Chemical Business, a prominent chemical industryDaniël ScheltingaAppointed CEO of ChemChinaFinance Co., Ltd.www.chemchina.com.cnChemChinaRanked 28th among China'sTop 500 EnterprisesLi BingmeiIt was announced at the "Information Conference for Chinese LargeEnterprise Groups and Large Industrial Enterprises in 2008" heldat the Great Hall of the People in Beijing on September 27th, thatChemChina now ranks 28th among the top 500 Chinese enterprisesin 2008, climbing seven places compared to the ranking publishedby the National Bureau of Statistics (NBS) last year. Meanwhile,ChemChina was once again listed among the annual top 100 leadingenterprise groups.The information release of comprehensive strength of Chineselarge enterprise groups is the latest data acquired by the NBS through"cross-industry, all-directional and multi-index" investigation intothe actualities of the nominated enterprise groups by drawing uponinternationally advanced statistical methods. This conference for largeChinese enterprise groups, which has been held for eight consecutiveyears, sorts target enterprise groups on the basis of official authoritativedata and according to comprehensive assessment indexes like businessincome and total assets, and provides the latest information about thereform and development of large Chinese enterprises for all audiencesat home and abroad every year, to showcase the greatest and strongestof China's large enterprise groups.The top 500 competitive Chinese enterprise groups were still pickedaccording to the assessment system made up of 24 basic indexes forcompetitiveness of enterprise groups. ChemChina retained its title ofNo.1 in the category of "manufacturing of chemical raw materials andchemical products."Cao XiaChemChina Finance Co., Ltd. (CFC), acompany that is still on the drawingboard, has received its first CEO, Daniëlde Blocq van Scheltinga. Thus, CFC hasbecome the first financial company amongChina's central enterprises and large-scaleSOEs (state-owned enterprises) to appointa foreign CEO. On September 17th,ChemChina President Ren Jianxin hostedthe ceremony for Mr. Daniël de Blocq vanScheltinga to assume his position. VP ofChemChina, Du Guosheng, and directorsof ChemChina's functional departmentsand subsidiary companies attended themeeting.Mr. Daniël de Blocq van Scheltinga wasborn in Netherlands. With a backgroundcombining finance, banking and law, heis extremely professional in the operationof finance, commercial banking andinvestment banking businesses. In histen years at the world-famous AlgemeneBank Nederland (ABN AMRO), he andhis team made numerous extraordinaryachievements. After taking the postof CEO, he set clear goals for CFC'sdevelopment: CFC will be committed toabsorbing intellectual resources, providingfinancial services and implementingbusiness strategies of the higheststandard, in order to win the unvaryingrecognition that CFC provides first-rankfinancial services for funds settlement,fund raising, finance and investment bankconsulting.October 20081
ISSUE <strong>14</strong> EVENTSChemChinaReceives Israeli Ambassador Amos NadaiOn September 9th, ChemChina President Ren Jianxin received IsraeliAmbassador Amos Nadai, and guests from Israeli Articom Corp. Renexpressed his appreciation to the Israeli people for their concern and aidextended to the Chinese people and the quake-hit firms of ChemChinaafter the May 12 Wenchuan earthquake. Then, he briefed the guests onChemChina's achievements and business growth in recent years. Mr. Nadaipointed out that since innovation is adopted by both Israeli chemical firmsand ChemChina as an engine to help boost growth, there is huge potentialfor cooperation. They also held in-depth discussions on issues of commonconcern. (Photo by Chuai Liang)CNCIC and FCCEP Enter into Strategic Cooperation AgreementOn September 19th, the Foreign Cooperation Centerfor Environmental Protection (FCCEP) of the Ministryof Environmental Protection and China National ChemicalInformation Center (CNCIC) jointly held the ceremony forsigning a "strategic cooperation agreement" in Beijing.The FCCEP, which administers funds of internationalfinancial organizations, foreign economic cooperation,performance project funds, bilateral aid funds and othermatters concerning foreign economic cooperation, boastsa tremendous advantage in acquisition of internationalleading technologies and management experience in energyconservation and emission reduction. CNCIC, a nationalcenter for chemical information collection, information2 ndInternational Advanced Materials(Tianjin) Summit to be held in TianjinDong Shuping, Wang Wuresearch, information service and computer applicationtechnology development, has great advantages in acquisitionand release of chemical information about the country.According to the agreement, the two parties will,under the principles of long stability, equality and mutualbenefit, comprehensive collaboration and commondevelopment, carry out long-term, stable and in-depthcooperation in energy conservation, emission reductionand environmental protection in the chemical industryby drawing upon each other's strengths, and will help ina balanced way to save energy and reduce emissions fordomestic enterprises and to create new ideas for China toprotect the environment.Chuai LiangThe 2nd International Advanced Materials (Tianjin) Summit,which is to be held at the New Coastal Area, Tianjin fromOctober 30th to November 1st, is co-sponsored by the TianjinGovernment, ChemChina, DECHEMA and Morgan Stanley, andjointly organized by CNCIC and the Management Committee of theNew Coastal Area, Tianjin.Held under the theme "Opportunity and Responsibility," thesummit is expected to explore development outlooks and thelatest scientific and technological trends for the industry.Attendees will discuss opportunities for the advanced materialindustry, and the social responsibility that enterprises mustassume. Meanwhile, three specially established technical seminars- "Composites and Aerospace," "Chemical Materials and LighterweightAutomobiles" and "Membrane Materials and Water ResourceEnvironment" will bring together customers, producers andfrontline workers of scientific research academies and institutesfor deeper discussions about the hottest fields in the advancedmaterials industry.On September 11th, ChemChina President Ren Jianxin headedto BlueStar (Nanjing) New Chemical Materials Co., Ltd. forinspection of the 1,4-butanediol / tetrahydrofuran projectunder construction, which was scheduled to be deliveredon October 18th and expected to be completed and put intoproduction before the end of the year. Ren stipulated that theproject be delivered quickly with great attention to quality.Then he visited the employees from the quake-hit QingpingLinkuang, who were working temporarily in the company, andextended his warm regards to them on the eve of the Mid-Autumn Festival.October 20082
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