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Sinopec mainly conducts businesses such as trading in crude oil and chemical products, and refinery engineering in Europe. We cooperate with regional petrochemical enterprises to share resources and promote industrial development. In promoting the businesses, Sinopec strictly adheres to various international conventions and regional laws and regulations to fulfill its social responsibilities. Whilst creating economic benefits, we boldly promotes technological innovations, and resolves issues on sustainable development such as climate change and physical health. Collectively, we promote the sustainable development of the regional economy, society and environment.

The VAE products of Sinopec Chongqing SVE Chemical Co., Ltd. entered the European market for the first time

In June 2020, two tons of VAE products of Sinopec Chongqing SVE Chemical Co., Ltd. left the factory with the coordination of sales, manufacturing, and logistics. This batch of products were transported to European clients through LCL which laid a solid foundation for further cooperation. VAE (vinyl acetate-ethylene copolymer emulsion) is a highly environment-friendly liquid product that is widely used in decorating, food packaging, architecture and other industries. In the context of the shutdown of some relevant European plants due to COVID-19, Sinopec Chongqing SVE Chemical Co., Ltd. actively communicated with the corresponding European clients and provided samples and technical support via video and phone calls. As soon as orders were received, the transshipment process was initiated along with the tendering of logistics for the transportation of products and the stocking of goods to ensure the products left the factory, For the first time, VAE products were exported to Europe and the regional product supplies were secured.

Sinopec Yanshan Petrochemical Company and DNV GL jointly promote sustainable development

In January 2020, Sinopec Yanshan Petrochemical Company and DNV GL signed a strategical cooperation agreement which symbolized that Yanshan Petrochemical had comprehensively started the assessment of an International Safety Rating System (ISRS). The introduction of ISRS of DNV GL has improved the management of security, environmental protection and the operating efficiency of Yanshan Petrochemicals.

DNV GL is a global service institution with more than 150 years experience in risk management. It is engaged in providing world-leading QHSE and risk management services. Since the strategic cooperation agreement was signed, DNV GL has provided Yanshan Petrochemical Ltd with technical services including international safety assessment, special technology assessment, training and comprehensive risk management consulting. Both sides will jointly promote sustainable development processes such as safe production and ecological environmental protection.