The Hengli Group ( zh, s=恒力集团, ) is a Chinese company active in

oil refining An oil refinery or petroleum refinery is an industrial processes, industrial process Factory, plant where petroleum (crude oil) is transformed and refining, refined into products such as gasoline (petrol), diesel fuel, Bitumen, asphalt base, ...

petrochemical Petrochemicals (sometimes abbreviated as petchems) are the chemical products obtained from petroleum by refining. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable s ...

polyester Polyester is a category of polymers that contain one or two ester linkages in every repeat unit of their main chain. As a specific material, it most commonly refers to a type called polyethylene terephthalate (PET). Polyesters include some natura ...

s and

textile Textile is an Hyponymy and hypernymy, umbrella term that includes various Fiber, fiber-based materials, including fibers, yarns, Staple (textiles)#Filament fiber, filaments, Thread (yarn), threads, and different types of #Fabric, fabric. ...

s. It operates the world's largest

terephthalic acid Terephthalic acid is an organic compound with formula C6H4(CO2H)2. This white solid is a commodity chemical, used principally as a precursor to the polyester PET, used to make clothing and plastic bottles. Several million tons are produced annuall ...

(PTA) factory. Hengli was founded in

Suzhou Suzhou is a major prefecture-level city in southern Jiangsu province, China. As part of the Yangtze Delta megalopolis, it is a major economic center and focal point of trade and commerce. Founded in 514 BC, Suzhou rapidly grew in size by the ...

as a weaving factory in 1994 by husband and wife Chen Jianhua and Fan Hongwei. One of the world's largest companies, Hengli was ranked 67th in the

Fortune Global 500 The ''Fortune'' Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by '' Fortune'' magazine. Methodology Until 1989, it listed o ...

for 2021, and 3rd on a list of China's top 500 Private Enterprises. It is described as "focused on

energy efficiency Energy efficiency may refer to: * Energy efficiency (physics), the ratio between the useful output and input of an energy conversion process ** Electrical efficiency, useful power output per electrical power consumed ** Mechanical efficiency, a rat ...

in both their products and processes." In 2020, environmentalists criticised the Hengli Group's plans to begin manufacturing plastics from

coal Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other Chemical element, elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal i ...

. In 2021, the company was criticised for seeking only male candidates for positions as drivers in

Guizhou ) , image_skyline = , image_caption = , image_map = Guizhou in China (+all claims hatched).svg , mapsize = 275px , map_alt = Map showing the location of Guizhou Province , map_caption = Map s ...

Subsidiaries

Three subsidiaries are publicly traded: *Hengli Petrochemical Co., Ltd., (“Hengli Petrochemical Co., Ltd.” Stock Code: 600346.SH) *Guangdong Songfa Ceramics Co., Ltd. ("Songfa INC." Stock Code: 603268.SH) *Suzhou Wujiang Tongli Lake Co., Ltd. (“Tongli Tourism” Stock Code: 834199.OC) Hongli has production bases in Suzhou,

Dalian Dalian ( ) is a major sub-provincial port city in Liaoning province, People's Republic of China, and is Liaoning's second largest city (after the provincial capital Shenyang) and the third-most populous city of Northeast China (after Shenyang ...

Suqian Suqian ( zh, s=, t=, p=Sùqiān, IPA: ) is a prefecture-level city in northern Jiangsu Province, China. It borders Xuzhou to the northwest, Lianyungang to the northeast, Huai'an to the south, and the province of Anhui to the west. History Suqi ...

Nantong Nantong is a prefecture-level city in southeastern Jiangsu province, China. Located on the northern bank of the Yangtze River, near the river mouth. Nantong is a vital river port bordering Yancheng to the north; Taizhou to the west; Suzhou, Wux ...

Yingkou Yingkou ( zh, s=, t=, p=Yíngkǒu) is a coastal prefecture-level city of central southern Liaoning province, People's Republic of China, on the northeastern shore of Liaodong Bay. It is the third-smallest city in Liaoning with a total area of , a ...

Luzhou Luzhou ( zh, s=泸州, p=Lúzhōu; Sichuanese Pinyin: Nu2zou1; Minjiang dialect, Luzhou dialect: ) is a prefecture-level city located in the southeast of Sichuan Province, China. It is also known as the "Liquor City" (). It was named Jiangyang () ...

, Yulin,

Huizhou Huizhou ( zh, c= ) is a city in east-central Guangdong Province, China, forty-three miles north of Hong Kong. Huizhou borders the provincial capital of Guangzhou to the west, Shenzhen and Dongguan to the southwest, Shaoguan to the north, Hey ...

and

Guiyang Guiyang; Mandarin pronunciation: ; Chinese postal romanization, alternatively as Kweiyang is the capital of Guizhou, Guizhou province in China. It is centrally located within the province, on the Yunnan–Guizhou Plateau, eastern part of the Yun ...

References

External links

* {{Official site, hengli.com Textile companies of China Chinese companies established in 1994 Manufacturing companies based in Suzhou Petrochemical companies Companies in the CSI 100 Index 1994 in Suzhou