OREANDA-NEWS. January 16, 2014. The average supply value by Sinopec Tianjin Company’s suppliers is RMB 16.7721 million during January to November, an increase of 3.9284 million year on year, exceeding the set target and making it rank the first place among the seven refining-chemical subsidiaries.

 The company requires all its suppliers to pass the pre-qualification first and prove qualified in on-site inspection before being enrolled in the suppliers list.

All purchase orders are to be placed with the qualified suppliers. From January to November, more than 160 framework agreements for candidate suppliers were checked for the purpose of risk evaluation to ensure the quality of supplies.