Brief introduction of Hengyi Petrochemical Co., Ltd.

Hengyi Petrochemical implements the strategic development route and is the first enterprise in China to master the large-capacity direct spinning technology and 2 million tons PTA production technology. The company was formerly a sock factory established by 1974, and then developed weaving, printing and dyeing, fabric and elastic business. After 2000, it gradually spun off low-tech businesses such as weaving, printing and dyeing, fabric and so on. The company put into production the first direct melt spinning production line on 200 1, and was the first private enterprise to enter the polyester field. The application of domestic large-capacity direct melt spinning technology pioneered the domestic polyester industry and was a milestone in the revolutionary breakthrough development of China's polyester industry. In 2005, the first PTA plant was put into production, and it was the first private enterprise to enter the PTA field. 20 1 1 year, the company took the lead in applying 2 million tons of PTA monomer device technology in the world, achieving a technological breakthrough in PTA monomer scale and a low-cost lead in PTA device production cost.

Today, Hengyi Petrochemical's PTA production capacity reaches 5.65 million tons, and its own equity production capacity is 2.92 million tons, ranking first in the country; PET production capacity is 265,438+10,000 tons, ranking first in the country; The first company to cooperate with China Petrochemical to build the world's largest single CPL production capacity of 200,000 tons; The comprehensive production capacity of the industrial chain ranks first in the domestic chemical fiber manufacturing industry for five consecutive years. The company's asset scale and operating income have achieved rapid growth, with an average compound annual growth rate of over 50%, and its net profit has achieved rapid growth, with an average compound annual growth rate of over 50%.

Hengyi Petrochemical has the continuous impulse of technological innovation and the ability to integrate innovative resources. It has participated in major technical research on the capacity scale and technology localization of petrochemical chemical fiber devices for many times and made major breakthroughs. The company is the second prize winner of the National Science and Technology Progress Award in 2006, and an academic award-winning enterprise of textile technology innovation in China. It has Hengyi Research Institute, national postdoctoral workstation and national enterprise technology center. At the same time, the company actively expanded foreign exchanges, formed integrated strategic cooperation in Industry-University-Research, closely cooperated with Zhejiang University, Donghua University and other institutions of higher learning, and always stood at the forefront of petrochemical and chemical fiber fields.

Looking forward to the future, facing the more complicated global economic environment and the opportunity of domestic industrial transformation and upgrading in the post-crisis era, Hengyi Petrochemical will continue to adhere to the principle of "consolidating, highlighting and upgrading the competitive position of its main business", innovate the industrial development model, push the industry to the high end, gradually occupy the commanding heights of the industrial chain, enhance the comprehensive competitiveness of enterprises, and realize the sustainable growth of enterprises and maximize shareholder value.