Producer
Hengli Petrochemical
Vertically integrated from 20 mtpa crude refinery on Changxing Island, Dalian through 12 mtpa PTA to 6 mtpa polyester polymerization. One of the largest private petrochemical complexes in the world. Also produces textiles from bases in Suzhou, Suqian, Luzhou, and Guiyang.
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Inputs supplied
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Goods downstream
2
Facilities
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Stories
What they make
1 input Hengli Petrochemical supplies
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Where it shows up
Goods downstream
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Where they make it
2 facilities
Hengli Changxing Island Refinery & Petrochemical Complex →
CNLiaoning · refinery_petrochemical
20 mtpa refinery, 12 mtpa PTA, 1.5 mtpa ethylene, 6 mtpa polyester polymerization. Investment >240B yuan. Commissioned 2019. When online, altered Asian PX, PTA, and polyester trade flows.
Hengli Suzhou Textile & Fiber Base →
CNJiangsu · fiber_plant
Polyester fiber and textile manufacturing hub. 4+ billion meters/year textile capacity. Hengli also operates fiber plants in Suqian (Jiangsu), Luzhou (Sichuan), and Guiyang (Guizhou).
What else they do
Business segments
The company's full revenue map, where this supply-chain role fits within their broader business.
Crude Oil Refining
38%PTA (Purified Terephthalic Acid)
30%Polyester & Fiber
22%Textiles & Downstream
10%
Intelligence
What's known
Sourced claims about this company's role in supply chains, chokepoints, concentration, incidents, dual-use connections.
Did you know2024
Hengli Petrochemical's PTA (purified terephthalic acid) output feeds two entirely separate consumer supply chains: PET resin for plastic beverage bottles (Coca-Cola, water brands) and polyester fiber for the apparel industry. The same chemical compound from the same Dalian plant sets prices simultaneously for the global beverage packaging supply chain and the global fast-fashion synthetic fiber supply chain. When Hengli's PTA plant is disrupted or shuts for maintenance, consumer goods companies in both the packaging sector and the apparel sector adjust their procurement plans — but the two sectors' supply chain teams are usually in different departments of the same multinational and rarely compare notes on this common upstream dependency.
Hengli Group ↗Origin2023
Hengli Group was founded in 1994 in Suzhou by Fan Hongwei, who started in textiles before integrating backwards through synthetic fiber (polyester) into petrochemicals and ultimately into crude oil refining. Hengli's Changxing Island refinery in Dalian, commissioned in 2019, is one of China's largest private-sector refineries (20 million tonnes/year) and represents a 100 billion yuan investment. This made Hengli one of very few private Chinese companies to control the entire value chain from crude oil refining to polyester textile manufacturing.
Hengli Group ↗