January 2012
Sinochem Fertilizer Co., Ltd. ("SinochemFertilizer"), a subsidiary of the Group, entered into an agreement with Sichuan Lomon Corporation, to acquire 100% equity interests in Yunnan Xundian Lomon Phosphorus Chemical Co., Ltd., obtaining 300 million tons of high quality phosphate resource.
In partnership with institutions including China Academy of Agricultural Sciences, the Group developed 5 major specialty fertilizers for rice, wheat, cotton, soy bean and corn, to boost agricultural yields and farmers' income through science and technology connotation.
February 2012
Sinochem Fertilizer, a subsidiary of the Group, established "Elite Training College of Sinofert", to build the company into a learning enterprise.
In partnership with International Plant Nutrition Institute and Hainan Academy of Agricultural Sciences, the Group hosted a 100-day campaign of "Sinofert's technology benefiting the farmers and promoting the spring ploughing, and Sinofert's agronomists disseminating knowledge on the field".
March 2012
The Group released its 2011 Annual Report.
The Group and Sichuan Lomon Corporation completed the transfer of equity interest in Xundian Lomon Phosphorus Chemical Co., Ltd., and renamed as "Sinochem Yunlong Co., Ltd."
The Group entered into import contracts of sea-borne potash of the first half 2012 with Canpotex, APC and BPC respectively.
The Group participated proactively in thepilot program, promoted by the Ministry of Agriculture, of soil testing and formula fertilization in "one hundred counties, one thousand townships and ten thousands villages", and was regarded as "the only national cooperative enterprise" by Ministry of Agriculture.
April 2012
"Changshan" brand of Sinochem Jilin Changshan Chemical Co., Ltd. ("Sinochem Changshan"), a subsidiary of the Group, was accredited as "China Famous Brand" by the State Administration for Industry and Commerce (SAIC).
May 2012
Mr. Feng Zhi Bin, CEO of the Company, led Sinofert's delegation to attend the 80thInternational Fertilizer Industry Association (IFA) Annual Conference held in Qatar and Mr. Feng Zhi Bin was elected as Chairman of the Production and International Trade Committee of IFA.
The Group entered into a strategic agreement with Ministry of Agriculture on jointly organizing the "Double-growth 200" technology campaign on corn in northeastern China, and continuing to build field schools for farmers.
June 2012
The refine and extension project of energy saving and consumption reduction for urea production facilities in Sinochem Changshan was approved by the Board of Directors.
Sinochem Fertilizer, a subsidiary of the Group, entered into the share subscription and asset acquisition agreement with Yunan Yuntianhua Group Co., Ltd. ("Yuntianhua") to sell its 40% equity interests in Yunnan Three Circles Sinochem Fertilizer Co., Ltd. to Yuntianhua with the total consideration of approximate RMB425,135,000, which would be settled by the issuance of Yuntianhua consideration shares by Yuntianhua to Sinochem Fertilizer.
The Group entered into a strategic cooperation agreement with Shanxi Yangling Agricultural Hi-tech Industries Demonstration Zone to further deepen the cooperation on technological support, base construction, and market operation and so on.
Sinochem Chongqing Fuling Chemical Industry Co., Ltd, a subsidiary of the Group, was awarded one of the 15 petrochemical "Model Enterprises in Leading Energy Efficiency" by Ministry of Industry & Information Technology and China Petroleum and Chemical Industry Federation together.
July 2012
The Group entered into a strategic cooperation framework agreement with National Agricultural Technology Extension Center, to promote the cooperation in the integration of water and fertilizer, soil testing and formula fertilization, and fertilizer quality supervision and so on.
August 2012
Sinochem Changshan, a subsidiary of the Group, held the groundbreaking ceremony for the refine and extension project of energy saving and consumption reduction for urea production facilities.
The Group released its 2012 Interim Results, and held non-dealing roadshow in Hong Kong and Britain.
September 2012
Mr. Feng Zhi Bin, CEO of the Company, led the Company's delegation to attend The Fertilizer Institute (TFI) Annual Conference held in the United States, holding talks with major international suppliers and conducting negotiations on potash import for the second half of 2012.
October 2012
Sinochem Fertilizer, a subsidiary of the Group, Yangmei Pingyuan Chemical Co., Ltd. ("Yangmei Pingyuan") (formerly known as "Sinochem Pingyuan Chemical Co., Ltd." and hereafter referred as "Yangmei Pingyuan"), Yangmei Chemical Investment Co., Ltd. ("Yangmei Chemical") and Pingyuan State-owned Assets Operation Co., Ltd. Of Pingyuan County entered into the capital increase agreement, pursuant to which Yangmei Chemical agreed to inject a cash capital into Yangmei Pingyuan.
The delegation was headed by Mr. Feng Zhi Bin, CEO of the Company, to attend Production and International Trade (PIT) annual conference of International Fertilizer Association (IFA) in Ireland.
November 2012
Sinochem Fertilizer, a subsidiary of the Group, and Shell Corporation held agreement signing ceremony of technology introduction on sulphur-enhanced fertilizer (SEF) and sulphur supply in the Company.
The Group entered into a termination agreement of the share subscription and asset acquisition agreement with Yuntianhua due to the continuous decrease in the share price of Yuntianhua which became lower than the issue price for subscription of Yuntianhua's shares by Sinochem Fertilizer, a subsidiary of the Group, as agreed under the agreement.