Special supplement: ChemChina adjusts mix for continued growth

China National Chemical Corp (ChemChina), the country's leading chemical producer, plans to increase both sales and profit by 15 percent in 2009.

The targets follow revenues of over 120 billion yuan in 2008, said Ren Jianxin, chairman of ChemChina, when the company also invested in 46 major projects with total value of 12.31 billion yuan.

"ChemChina will focus on the development of new materials and specialty chemical products," said Ren, adding that it was in line with the development of the chemical industry in China.