ChemChina is one of the top chemicals producers in China but "aims to be among the best in the world," said Ren Jianxin, president of China National Chemical Corp (ChemChina).

This year the company aims to increase its revenue by 22 percent to 139.5 billion yuan in 2010. It also plans to make profits of 3 billion yuan this year, up 173 percent from a year earlier, said Ren.

The company is already doing very well. It ranks second in the world for its production of methionine, and third for its production of organic silicon.

The company is currently expanding its Xinghuo organic silicon project in Jiangxi province, which is expected to be the world’s largest production facility of the material.