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Bluestar News
Bluestar Marks 37th Anniversary
Source: ChemChina Date: 2021-09-01

The year of 2021 marks the 100th anniversary of the founding of the Communist Party of China, the opening year of the 14th Five-Year Plan, and the key year of the merge and reorganization of Sinochem and ChemChina. BlueStar is celebrating its 37th birthday in this important year, which has a rich meaning and demonstrates a glorious mission.

Thirty-seven years witnesses a success of efforts and brilliance. Bluestar has never forgotten its founding mission and forged ahead. It has experienced the transformation from a small industrial cleaning service company with a single technology to a large chemical products group, and then grown into a multinational specialized company with new chemical materials and specialty chemicals as its core arms, opening up a new situation featuring diversification and leapfrog development. It has fostered its brand with rapid improvement in comprehensive strength, remarkable industrial development and significant enhancement in social influence. The first half of 2021 saw record operating results, laying a solid foundation for a good start of the 14th Five-Year Plan.

Amid the current pandemic, the external environment is becoming more complex and severe, while the recovery of domestic economy remains unsteady and uneven. However, since the beginning of 2021, the Party Central Committee has considered both the strategy for the great rejuvenation of the Chinese nation and profound changes unseen in a century, coordinated epidemic prevention and control and economic and social development, and guided China’s economy to maximize recovery. It is making steady and solid steps towards the second centennial goal. With the foresight of the country, Sinochem and ChemChina have been merged and reorganized into Sinochem Holdings, an arrangement of the chemical industry. Thus, Sinochem Holdings has become the world’s largest chemical conglomeration, on a par with its international counterparts. As an important member of Sinochem Holdings, Bluestar has engaged itself in the chemical manufacturing for many years, boasting three listed companies including Adisseo, Elkem and Shenyang Chemical. Also, it has strong potentials in serving the chemical industry and are facing new development opportunities.

Standing at the new starting point of reorganization, Sinochem Holdings needs to base on the new development stage, implement the new vision for development and build a new development pattern. It needs to consider the development of Bluestar in the context of the international situation, national strategy, reform and opening up, and overhaul of state-owned enterprises. It needs to follow the trends of the chemical industry in transforming the development model, upgrading industrial structure, making technological innovation and pursuing green development. It needs to put in place the requirements of the reorganization strategies, focus on the strategic positioning of “new chemical materials and specialty chemicals”, shoulder main responsibilities, engage in main business, expedite the industrial focus and optimize the business structure. It will develop strong divisions such as animal nutrition, silicon industry, engineering plastics, PVC paste resin, polyether polyol and special fibers. It will continue to serve as a pacesetter of animal nutrition in life sciences, accelerate the transformation towards the animal nutrition field, and build a source of original animal nutrition technologies to become a “chief” in the modern industrial chain. It needs to strengthen the leading advantages of organosilicon materials, engineering plastics and fiber in materials science, realize the advanced industrial base, modernize industry and supply chains, and make due contributions to the smooth progress of the merge and reorganization and the accelerated development of a world-class integrated chemical enterprise.

The enterprise strives to be the pillar of the world. The lofty cause has inspired the Bluestar people in the new era. Let’s work together, firm our faith, make innovations for development, and play an essential role in chemical basic R&D, new product creation and value creation in the industrial chain, so as to implement the 14th Five-Year Plan with a good start, and create a more magnificent future.

China National Bluestar (Group) Co., Ltd.

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