1chemic (www.1chemic.com) is a petrochemical vertical e-commerce portal of Sinochem Group; it is managed and operated by Sinochem Petrochemical Distribution Co., Ltd. 1chemic was officially launched on May 17, 2017. With adhering to the business philosophy of "first-class quality, created by Sinochem", 1chemic is committed to integrating the business flow, capital flow, information flow and warehouse logistics of the petrochemical product industry chain, providing customers with integrated services such as finance, storage and logistics, and building a one-stop comprehensive service platform for petrochemical product trade.
After nearly three years of development and operation since its establishment, the business model of 1chemic has become clearer, the product types and business types are increasingly rich, and the customer scale is rapidly expanding. It has become an outstanding representative of B2B vertical e-commerce in the domestic chemical industry.
At the China B2B E-commerce Conference held in December 2017, 1chemic was listed as No. 14 of the Top 100 B2B Companies in China, and won the "Pioneer Award for Transformation of Traditional Chinese Enterprises".
In March 2018, the cumulative online transaction volume of 1 chemic exceeded RMB 10 billion.
In 2019, 1 chemical sold 2.2 million tons of products on its mobile platform, with a sales volume of RMB 10.6 billion.
As an important online platform for the petrochemical products marketing of Sinochem Energy, 1chemic integrates digital innovation with the foundation of traditional industries, deeply combines the "Internet +" technology with traditional chemical distribution business, specializing in various bulk petrochemical products, and providing support services such as whole process and chain of the petrochemical industry, providing perfect resources, channels, systems, and technical support from transaction intention, transaction execution, financial logistics to delivery, and settlement. Relying on the industrial background of Sinochem Group, it is devoted to gathering more high-quality suppliers and service partners to build a leading B2B platform in the chemical field. By effectively solving the difficulties of upstream and downstream enterprises in raw material procurement, production optimization, product sales, industrial development, product upgrading, financing, and other aspects, it strives to realize the integrated development of upstream and downstream enterprises, and eventually become a full-chain platform integrating online trading, warehousing and logistics, industrial finance and other services, promoting the transformation and upgrading of related industries to eventually realize the enabling as well as reducing cost and increasing efficiency of industrial chain, and build an efficient and mutually beneficial petrochemical ecological circle.