Sinopec Secures Massive $40.9 Billion Contracts at CIIE 2025
Sinopec Secures Massive $40.9 Billion Contracts at CIIE 2025
On November 4, 2025, the China Petroleum & Chemical Corporation, widely known as Sinopec, made headlines at the 8th China International Import Expo (CIIE 2025). During a significant signing ceremony, the company announced it had secured purchase agreements worth an astonishing $40.9 billion with 34 partners from 17 different nations.*
This latest development highlights Sinopec's robust expansion strategy and its continuous commitment to international collaboration. The contracts span 24 products across 10 major categories, which encompass crude oil, chemicals, equipment, materials, and consumer goods. This impressive figure comes on the heels of Sinopec's remarkable achievements at prior CIIE events, where total contracts signed since the expo's inception in 2018 have exceeded $325 billion, showcasing its pivotal role in global trade.
Focus on Innovation and Digital Intelligence
The CIIE 2025 forum, themed "Technology-Driven, AI-Powered Energy Future," placed significant emphasis on technological innovation and digital intelligence. It served as a platform to discuss advancements in new materials research and development, enhancing supply chain resilience, and deepening international cooperation within the energy sector. These discussions underscore Sinopec's ambitious vision of not just maintaining but leading the charge towards innovation in energy production and distribution.
Sinopec’s Deputy Chairman and President, Zhao Dong, delivered a keynote address at the forum. He expressed Sinopec's unwavering commitment to achieving high-quality development and consolidating its industrial foundation through its technological prowess. Zhao emphasized that the company's advancement is intricately linked to the long-term trust placed by its global partners. As China moves forward with its 15th Five-Year Plan, he reiterated Sinopec's goal of fostering scientific and technological innovation, overcoming developmental barriers, and establishing new competitive advantages within the industry.
Collaboration for a Sustainable Future
Zhao's address also touched upon Sinopec’s intent to accelerate the pace of digital intelligence within the energy sector. He advocated for a deeper integration of next-generation information technology with energy and chemical industries to propel industrial modernization. Furthermore, he underscored Sinopec's initiatives to enhance collaboration in green and low-carbon technologies while simultaneously promoting the efficient and clean use of traditional energy sources. This strategic duality aims to pave the way for sustainable development and a promising future for the energy and chemical industries at large.
Zhao's vision was met with alignment from leading industry voices. Keynote speakers, including senior officials from global companies like Petronas Chemicals, Siemens, Baker Hughes, and Rystad Energy, each offered insights into the future of energy transformation and the importance of innovation in a rapidly changing world.
This remarkable demonstration of commitment to both economic growth and ecological responsibility positions Sinopec as a powerful player on the global stage. As the company continues to recruit partners and expand influence, it does so with a firm vision of technological advancement and sustainability as key pillars of its strategy. The successful contracts signed during the CIIE 2025 event reflect Sinopec's proactive stance towards not just meeting industry demands, but also leading it into a greener, more innovative future.
As Sinopec moves forward, the expectations are high. The energy sector is at a crossroads, and the company's recent contracts highlight its determination to take a leading role in shaping a sustainable energy landscape, fostering collaborations that could redefine industry standards across the globe.