Sinochem Holdings signed procurement agreements valued at more than $12.8 billion during a signing ceremony at the 9th China International Import Expo (CIIE) in Shanghai on November 5, 2026, according to Markets Insider.
The commercial transactions were signed with more than 30 international partners across nearly 20 countries, including the United Arab Emirates and Saudi Arabia. Key agreements involved major regional energy producers such as Saudi Aramco to supply crude oil, refined petroleum products, and chemical materials.
The procurement scope also encompasses high-tech industrial chemical equipment, agricultural goods, and specialty polymers. Sinochem reported that across nine consecutive editions of the CIIE, its cumulative intended procurement agreements have surpassed $110 billion.
Sources
- Markets Insider · 2026-11-06
