Sinochem’s cash pooling solution – structured through a BMG Cash Pool – has been recognized by Treasury Management International (TMI) with the ‘Best Cash Pooling Solution’ award, highlighting it as a benchmark example of global treasury best practice.
Sinochem operates a large and geographically dispersed international business, with overseas entities active across energy, chemicals, and trading. Prior to implementing the cash pooling structure, liquidity was fragmented across countries and entities, cash visibility was limited, and intercompany lending was widely used to manage funding needs. These challenges were amplified during periods of market stress, underlining the need for a scalable, transparent, and compliant global liquidity framework.
A core pillar of long term treasury transformation
According to TMI, this cash pooling solution forms a core pillar of Sinochem’s broader treasury transformation, a journey spanning nearly two decades and culminating in the establishment of a Hong Kong Treasury Centre to support overseas operations.
In its award citation, TMI emphasized that the solution:
- Enables real time visibility of overseas cash positions,
- Improves liquidity efficiency at group level,
- Strengthens global funding coordination,
- Demonstrates a mature and scalable approach to international treasury management.
Together, these elements reflect a treasury setup that is not only operationally efficient, but also resilient and future proof.
Let’s exchange views
The recognition by TMI underscores Sinochem’s position as a leader in global cash and liquidity management. For organizations navigating similar challenges, this approach illustrates how a well structured cash pool can support stronger control, efficiency, and resilience. We are always happy to exchange views with CFOs and treasury leaders who are exploring ways to further strengthen their global liquidity frameworks.
