Sinopec Secures $40.9 Billion in Deals at CIIE 2025
China Petroleum & Chemical Corporation, commonly known as Sinopec, made headlines at the 8th China International Import Expo (CIIE 2025) by securing significant deals worth $40.9 billion. This event took place on November 4, 2025, in Shanghai.
Sinopec’s Major Achievements at CIIE 2025
Sinopec signed purchasing agreements with 34 partners from 17 different countries and regions. The contracts encompass a diverse range of 24 products across 10 major categories, including:
- Crude Oil
- Chemicals
- Equipment
- Materials
- Consumer Goods
Since its participation in the first CIIE in 2018, Sinopec’s total orders have surpassed $325 billion over eight sessions.
Focus on Technology and Sustainability
This year’s themed forum featured the title “Technology Driven, AI Empowered: The Future of Energy.” The discussions revolved around:
- Digital intelligence and innovation
- Research and development in new materials
- Enhancing supply chain resilience
- Strengthening international energy cooperation
Zhao Dong, Vice Chairman and President of Sinopec, emphasized the company’s commitment to high-quality development. He spoke about the importance of technological strength and digital empowerment in fostering new avenues for value creation.
Goals for the Future
Looking ahead, Zhao Dong outlined Sinopec’s ambitions in alignment with China’s 15th Five-Year Plan. The company aims to:
- Enhance scientific and technological innovation
- Overcome developmental bottlenecks
- Establish new industry advantages
- Advance sustainable practices in energy usage
He noted that Sinopec is dedicated to expanding green and low-carbon cooperation while promoting a balanced approach to both traditional and new energy development.
Notable Speakers at the Forum
The forum also featured prominent figures from various sectors, including:
- Datuk Sazali Hamzah, EVP & CEO Downstream, Petronas Chemicals Group
- Axel Lorenz, CEO, Process Automation, Siemens
- Aravind Yarlagadda, SVP, Industrial Solutions, Baker Hughes
- Audun M. Martinsen, Partner and Head of Energy Service Research, Rystad Energy
These speakers contributed valuable insights into the intersection of technology and energy, reinforcing Sinopec’s vision for a future that embraces sustainability and innovation.
