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Sinochem Group
Sinochem Corporation () is a Chinese state-owned multinational conglomerate primarily engaged in the production and trading of chemicals and fertilizer and exploration and production of oil for civilian and military purposes. Its majority owned fertilizer subsidiary Sinofert is involved throughout the chain from production of the product and procurement on international markets to distribution and retail. Sinochem Group was founded in 1950. Its predecessor was China National Chemicals Import and Export Corporation, which was China's largest trading firm. Sinochem Group is the key state-owned enterprise under the supervision of State-owned Assets Supervision and Administration Commission of the State Council (SASAC). Sinochem's headquarter is located in Xicheng District, Beijing. Sinochem's core businesses span over energy, agriculture, chemicals, real estate and financial service. It is one of Chinese four state oil companies, China's biggest agricultural input company (fer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Corporation
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and devel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petrochemicals
Petrochemicals (sometimes abbreviated as petchems) are the chemical products obtained from petroleum by refining. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable sources such as maize, palm fruit or sugar cane. The two most common petrochemical classes are olefins (including ethylene and propylene) and aromatics (including benzene, toluene and xylene isomers). Oil refineries produce olefins and aromatics by fluid catalytic cracking of petroleum fractions. Chemical plants produce olefins by steam cracking of natural gas liquids like ethane and propane. Aromatics are produced by catalytic reforming of naphtha. Olefins and aromatics are the building-blocks for a wide range of materials such as solvents, detergents, and adhesives. Olefins are the basis for polymers and oligomers used in plastics, resins, fibers, elastomers, lubricants, and gels. Global ethylene production was 190 million tonnes and p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Axios (website)
''Axios'' (stylized as ΛXIOS) is an American news website based in Arlington County, Virginia. It was founded in 2016 and launched the following year by former ''Politico'' journalists Jim VandeHei, Mike Allen and Roy Schwartz. The site's name is based on the el, ἄξιος (), meaning "worthy". ''Axios''s articles are typically brief and matter-of-fact; most are shorter than 300 words and use bullet points so they are easier to scan. In addition to news articles, ''Axios'' produces daily and weekly industry-specific newsletters (including ''Allen's Axios AM'', a successor to his newsletter ''Politico Playbook ''Politico'' (stylized in all caps), known originally as ''The Politico'', is an American, German-owned political journalism newspaper company based in Arlington County, Virginia, that covers politics and policy in the United States and intern ...'' for ''Politico''), and two daily podcasts. On September 1, 2022, Cox Enterprises completed its acquisition of ''A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Executive Order 13959
Executive Order 13959 is a U.S. Presidential Executive Order signed on November 12, 2020, by President Donald Trump. Its title, and stated goal, is "Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies." It is essentially no longer in force since its first five paragraphs, the key substantive provisions, were superseded by Executive Order 14032 ("Addressing the Threat From Securities Investments That Finance Certain Companies of the People's Republic of China"), signed by President Biden on June 3, 2021. The national emergency declared by E.O. 13959 remains in effect, however, and was expanded by E.O. 14032. Prohibiting investment in "Communist Chinese military companies" The executive order prohibits all U.S. investors (institutional and retail investors alike) from purchasing or investing in securities of companies identified by the U.S. government as "Communist Chinese military companies". A "Communist Chinese military compan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Donald Trump
Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Trump graduated from the Wharton School of the University of Pennsylvania with a bachelor's degree in 1968. He became president of his father's real estate business in 1971 and renamed it The Trump Organization. He expanded the company's operations to building and renovating skyscrapers, hotels, casinos, and golf courses. He later started side ventures, mostly by licensing his name. From 2004 to 2015, he co-produced and hosted the reality television series ''The Apprentice (American TV series), The Apprentice''. Trump and his businesses have been involved in more than 4,000 state and federal legal actions, including six bankruptcies. Trump's political positions have been described as populist, protectionist, isolationist, and nationalist. He won the 2016 United States presidential election as the Repu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
People's Liberation Army
The People's Liberation Army (PLA) is the principal military force of the People's Republic of China and the armed wing of the Chinese Communist Party (CCP). The PLA consists of five service branches: the Ground Force, Navy, Air Force, Rocket Force, and Strategic Support Force. It is under the leadership of the Central Military Commission (CMC) with its chairman as commander-in-chief. The PLA can trace its origins during the Republican Era to the left-wing units of the National Revolutionary Army (NRA) of the Kuomintang (KMT) when they broke away on 1 August 1927 in an uprising against the nationalist government as the Chinese Red Army before being reintegrated into the NRA as units of New Fourth Army and Eighth Route Army during the Second Sino-Japanese War. The two NRA communist units were reconstituted into the PLA on 10 October 1947. Today, the majority of military units around the country are assigned to one of five theater commands by geographical location. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Department Of Defense
The United States Department of Defense (DoD, USDOD or DOD) is an executive branch department of the federal government charged with coordinating and supervising all agencies and functions of the government directly related to national security and the United States Armed Forces. The DoD is the largest employer in the world, with over 1.34 million active-duty service members (soldiers, marines, sailors, airmen, and guardians) as of June 2022. The DoD also maintains over 778,000 National Guard and reservists, and over 747,000 civilians bringing the total to over 2.87 million employees. Headquartered at the Pentagon in Arlington, Virginia, just outside Washington, D.C., the DoD's stated mission is to provide "the military forces needed to deter war and ensure our nation's security". The Department of Defense is headed by the secretary of defense, a cabinet-level head who reports directly to the president of the United States. Beneath the Department of Defense are th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quanzhou
Quanzhou, postal map romanization, alternatively known as Chinchew, is a prefecture-level city, prefecture-level port city on the north bank of the Jin River, beside the Taiwan Strait in southern Fujian, China. It is Fujian's largest metropolitan region, with an area of and a population of 8,782,285 as of the 2020 census. Its City proper, built-up area is home to 6,669,711 inhabitants, encompassing the Licheng District, Quanzhou, Licheng, Fengze District, Fengze, and Luojiang District, Quanzhou, Luojiang district (PRC), urban districts; Jinjiang, Fujian, Jinjiang, Nan'an, Fujian, Nan'an, and Shishi, Fujian, Shishi city (PRC), cities; Hui'an county (PRC), County; and the Quanzhou District for Taiwanese Investment. Quanzhou was China's 12th-largest extended metropolitan area in 2010. Quanzhou was China's major port for foreign traders, who knew it as Zaiton, during the 11th through 14th centuries. It was visited by both Marco Polo and Ibn Battuta; both travelers praised it as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil Refinery
An oil refinery or petroleum refinery is an industrial process plant where petroleum (crude oil) is transformed and refined into useful products such as gasoline (petrol), diesel fuel, asphalt base, fuel oils, heating oil, kerosene, liquefied petroleum gas and petroleum naphtha. Petrochemicals feedstock like ethylene and propylene can also be produced directly by cracking crude oil without the need of using refined products of crude oil such as naphtha. The crude oil feedstock has typically been processed by an oil production plant. There is usually an oil depot at or near an oil refinery for the storage of incoming crude oil feedstock as well as bulk liquid products. In 2020, the total capacity of global refineries for crude oil was about 101.2 million barrels per day. Oil refineries are typically large, sprawling industrial complexes with extensive piping running throughout, carrying streams of fluids between large chemical processing units, such as distillation colu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Emerald Energy
Emerald Energy plc is an energy exploration subsidiary of Chinese state-owned company Sinochem with headquarters in London but is registered offshore in the Isle of Man. The company specialises in oil exploration and production of hydrocarbons. Formerly listed on the London Stock Exchange and a constituent of the FTSE 250 Index, the firm was acquired by Sinochem Group in October 2009. The phone number for any ex-shareholder questions is 020 7930 7060. History The company was established in 1996 when it was first listed on the London Stock Exchange as an oil exploration business. Later in 1996 it secured its first major opportunity at the Matambo field in Colombia. By 1998 it had started drilling at Gigante in the Matambo field. In May 2000 a serious fire at Gigante put a well out of production for several months. The company extended its activities to Campo Rico in Colombia in 2002 and to Fortuna in Colombia in 2003. In 2003 it also started activities in Syria, its first mo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Administration For Industry And Commerce
Prior to March 2018, the State Administration for Industry and Commerce (SAIC; ) was the authority in the People's Republic of China responsible for advancing legislation concerning the administration of industry and commerce in the People's Republic. On a local level, the organizations responsibilities roughly mimicked those of the secretaries of individual states in the United States as a registration and licensing authority. The last minister was Zhang Mao (). As part of China's 2018 government administration overhaul, the SAIC was merged into the newly created State Administration for Market Regulation. Administration The agency was organized into the following divisions: *General Office *Department of Law *Antimonopoly and Anti-unfair Competition Enforcement Bureau *Direct Selling Regulation Bureau *Consumer Protection Bureau *Department of Market Regulation *Regulation Department for Market Circulation of Food *Enterprise Registration Bureau *Bureau for Registration of Fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
