ChemChina
China National Chemical Corporation (commonly called ChemChina) is a Chinese state-owned chemical company in the product segments of agrochemicals, rubber products, chemical materials and specialty chemicals, industrial equipment, and petrochemical processing. As of 2015, it is ranked 265th among the Fortune Global 500 companies.
History
ChemChina began as a small solvents factory called Bluestar Company (蓝星公司), founded by Ren Jianxin in 1984 with a 10,000-yuan loan. Ren created the ChemChina empire by taking control of over 100 troubled state-owned chemical factories across China, with the government retaining ownership. Meanwhile, he avoided laying off excess workers by shifting them to the company's Malan Noodle restaurant chain. He brought in consultants to professionalize the company's management, and it has become one of China's most dynamic state enterprises.
In May 2004, after the State Council of China approved a merger of companies formerly under the Ministry of Chemical Industry as the China National Chemical Corporation (ChemChina), Ren Jianxin became its President. Since December 2014 he has been Chairman of the Board.
Podcasts:
Commotion
by: Creedence Clearwater Revival(J.C. Fogerty)
Traffic in the city turns my head around.
No, no, no, no, no.
Backed up on the freeway, backed up in the church,
Ev'rywhere you look there's a frown, frown.
CHORUS:
Com, commotion,
Git, git, git, gone.
Com, commotion,
Git, git, git, gone.
People keep atalkin', they don't say a word.
Jaw, jaw, jaw, jaw, jaw.
Talk up in the White House, talk up to your door,
So much goin' on I just can't hear.
CHORUS
Hurryin' to get there so you save some time.
Run, run, run, run, run.
Rushin' to the treadmill, rushin' to get home,
Worry 'bout the time you save, save.