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Hengyi Petrochemical Co Ltd: Overview

Hengyi Petrochemical Co Ltd (Hengyi Petrochemical) engages in the business of production and distribution of pure terephthalic acid (PTA) and polyester fiber products. The company’s product portfolio includes CPL, draw textured yarns, partially oriented yarn, fully drawn yarns, polyester staple fiber, PET resins and PET chips. It also offers differential fibers, benzolbottle flakes, Polyester pre-oriented yarn, polyester drawn yarn, PET chips bottle grade, PX, PA6, PET chips super bright, MEG, imitation rabbit hair fibers, special shaped yarns, colored yarns, mother yarns, Yi bamboo silk, Yi Long silk, Yi Cai silk and PET chips semi dull. Hengyi Petrochemical is headquartered in Hangzhou, Zhejiang, China.

Headquarters China

Address No.3 Building, Nan'An Bright Pearl, No.260 Shxn Nrth Rd, Xiaoshan District, Hangzhou, Zhejiang, 311215


Telephone 86 571 83871991

No of Employees 16,820

Industry Chemicals

Ticker Symbol & Exchange 000703 (SHE)

Revenue (2021) $20.0B 49.2% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX 10.9% (2021 vs 2020)

Market Cap* $3.6B

Net Profit Margin (2021) XXX -25.6% (2021 vs 2020)

* As of and is in US$

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Products and Services

Products
Gasoline
Diesel Oil
Kerosene
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2021 Contracts/Agreements In May, the company signed an agreement with GSI and China Shipbuilding Trading.
2021 Plans/Strategy In January, the company announced its plans to repurchase its own shares.
2020 Plans/Strategy In September, the company announced its plans to invest US$13.65 billion to expand a refinery and petrochemical complex in Brunei.
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Competitor Comparison

Key Parameters Hengyi Petrochemical Co Ltd Rongsheng Petrochemical Co Ltd Elion Energy Co Ltd Yantai Tayho Advanced Materials Co Ltd Jiangsu Huaxicun Co Ltd
Headquarters China China China China China
City Hangzhou Hangzhou Beijing Yantai Wuxi
State/Province Zhejiang Zhejiang Beijing Shandong Jiangsu
No. of Employees 16,820 19,331 3,926 2,138 861
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Qiu Yibo Chief Executive Officer; Chairman Executive Board 2020 35
Fang Xianshui Vice Chairman Executive Board 2020 58
Mao Ying Vice President; Director; Chief Financial Officer Executive Board 2020 41
Wu Zhong Director; Vice President Executive Board 2020 33
Lou Jianchang Director; Vice President Executive Board 2020 60
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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