In the middle of November, the Sinochem's Chemicals SBU Delegation led by Feng Zhibin, President of Sinochem's Chemicals SBU and Chairman of Sinochem International, traveled to Europe to visit Syngenta, BASF and Bayer.
The Sinochem Delegation had talks with the President of Syngenta Crop Protection, the President of BASF Crop Protection, and the senior management of crop science strategy, product management and global seed business at Bayer concerning the status and development of the global agrochemical industry. They also exchanged views on the key products, policies and regulations that may impact the industry and the global agrochemical M&A trend. All parties agreed that in an environment where China is tightening regulations on safety production and environmental protection, Sinochem's in-depth partnership with Syngenta, BASF, and Bayer will be more in line with the interests of all. Feng Zhibin suggested that the in-depth cooperation should be expanded from the R&D, supply and marketing of agrochemicals to a wider range of fields including large-scale agriculture, new energy, and automotive chemicals.