On July 26, the US Chemical and Engineering News (C&EN) released the list of the top 50 global chemical companies in 2021. Hengli Petrochemical has been on the list for two consecutive years, ranking 15th on the list, a significant increase of 11 places from last year. Among the seven Chinese chemical companies on the list, Hengli Petrochemical ranked fourth.
It is understood that in 2021, there will be 50 global chemical companies The strong list is ranked based on the company’s chemical sales in 2020, with a revenue threshold of US$6.4 billion. This year, Hengli Petrochemical once again made the list, which reflects that the company still maintains strong explosive performance despite the complex external environment. It also means that the market highly recognizes Hengli Petrochemical’s excellent financial performance and strategy.
As the world’s leading private petrochemical enterprise, Hengli Petrochemical owns the first domestic 2000 4.5 million tons aromatics complex that was completed and put into operation at one time. With an integrated private refining and chemical production capacity of 10,000 tons, it is the first enterprise in the industry to realize the integrated operation and development of the entire industry chain of “crude oil – aromatics, olefins – PTA, ethylene glycol – new polyester materials”. It has obvious industry development leadership and Profitable first-mover advantage, and has built 1.5 million tons of ethylene production capacity (including 1.8 million tons of ethylene glycol production capacity) downstream of the refinery to produce various high-end chemicals that are in short supply in the country, further improving the refinery’s integrated deep processing capabilities and products additional value.
At the same time, the company is also the PTA manufacturer with the largest equity in China. Compared with companies in the same industry, it has “large investment scale, strong production capacity, high technology level, low energy consumption, and increased production capacity.” Downstream integration” and other characteristics. Currently, with the company’s 5 million tons/year PTA-4 and PTA-5 lines fully put into operation and commercialized, Hengli Petrochemical’s PTA production capacity has increased to 11.6 million tons, becoming the only company in the world with an operating equity production capacity exceeding 10 million tons. tons of companies.
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