Sinopec Secures $40.9 Billion in Contracts at CIIE 2025

On November 4, 2025, the China Petroleum & Chemical Corporation, also known as Sinopec, made headlines during the 8th China International Import Expo (CIIE 2025) by announcing a staggering $40.9 billion in contracts. Held in Shanghai, this pivotal event marked a significant milestone for Sinopec, showcasing its leadership in the global energy sector and its commitment to international collaboration.

Forum and Signing Ceremony

The event featured a thematic forum focused on the theme of "Driven by Technology, Empowered by AI: The Future of Energy." This gathering emphasized pivotal areas such as digital intelligence, technological innovation, R&D of new materials, enhancing supply chain resilience, and fostering greater international energy cooperation. During the forum, Zhao Dong, Sinopec's Vice President and President, delivered an insightful address, reinforcing the company's dedication to high-quality development while embracing digital transformation.

The essence of Zhao's speech highlighted Sinopec's ongoing commitment to leveraging technological strengths as a way of activating new value creation engines. The forum was moderated by Li Yonglin, Senior Vice President of Sinopec, while agreements were signed by Niu Shuanwen, another key executive of the company, with various international partners, solidifying Sinopec's footprint across global markets.

A Record of Success at CIIE

Since the inception of CIIE in 2018, Sinopec has been a prominent participant, amassing over $325 billion in contracts across eight editions of the event. This year, the company managed to secure purchases across 10 main categories including crude oil, chemicals, equipment, materials, and consumer goods, collaborating with 34 partners from 17 different countries and regions. These strategic partnerships reflect Sinopec’s robust international strategy, vital for navigating the complexities of a rapidly changing energy landscape.

Zhao emphasized the indispensable role of long-term relationships with global partners in Sinopec's development. He also reiterated the company’s goals aligned with China's 15th Five-Year Plan, which prioritize scientific and technological innovations to overcome developmental challenges and build competitive advantages within the energy sector. This ambitious vision underscores a commitment to elevate the energy and chemical industries towards a more sophisticated, intelligent, and sustainable future.

Accelerating Digital Transformation

In his address, Zhao urged for collective action to accelerate the integration of cutting-edge information technologies within the energy and chemical industries. By doing so, he believes new momentum for industrial modernization can be generated. Sinopec plans to expand cooperation in green and low-carbon energy initiatives, striving for cleaner and more efficient use of traditional energy sources while also focusing on the large-scale development of new energies. This strategy aims to foster a sustainable development model and a promising future for the energy and chemical sectors.

High-ranking executives from major companies, including Datuk Sazali Hamzah (CEO of Petronas Chemicals Group), Axel Lorenz (CEO of Process Automation at Siemens), Aravind Yarlagadda (Senior VP of Industrial Solutions at Baker Hughes), and Audun M. Martinsen (Partner and Head of Energy Services Research at Rystad Energy), also addressed attendees, sharing their insights on the future of the industry.

In conclusion, Sinopec's remarkable performance at CIIE 2025 not only reinforces its position as a leader in the global energy market but also illuminates a forward-thinking approach characterized by innovation, collaboration, and sustainability. With increasingly ambitious targets on the horizon, Sinopec stands poised to drive transformative changes in the energy landscape.