Who is ChemChina?

Friday 20th March 2015 | 0 Comments
 
Before the Pirelli talks, Aeolus was probably ChemChina's best known tyre brand, but other tyre makers in the ChemChina rubber group include Yellow Sea, Double Happiness and Torch
Before the Pirelli talks, Aeolus was probably ChemChina's best known tyre brand, but other tyre makers in the ChemChina rubber group include Yellow Sea, Double Happiness and Torch

With ChemChina in talks to buy Pirelli, Tyres & Accessories presents a brief introduction to the Chinese firm

The China National Chemical Corporation (otherwise known as ChemChina) is Chinese a state-owned chemical, rubber and tyre business. Established in May 2004, ChemChina is run under the administration of SASAC (the Chinese State-owned Assets Supervision and Administration Commission).

The first thing we have to consider is the size of the company. ChemChina is a Fortune 500 company and call itself China’s largest chemical company. Globally the firm places itself in 19th place.

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Category: Company News, International News