ChemChina: Innovation brings rewards

State-owned China National Chemical Corp (ChemChina) invested 2.37 percent of its revenues in technology last year, according to the company's recently released 2011 sustainability report.

"With innovation in technology and products bringing breakthroughs, ChemChina leads the entire industry in China in green development," said Ren Jianxin, general manager of the company.

Last year, the company had more than 700 technical research programs, including 164 key national projects.