 | |
| Company type | Private |
|---|---|
| SSE: 600346 SSE: 603268 NEEQ: 834199 | |
| Industry | petrochemicals, textiles |
| Founded | 1994 |
| Founders | Chen Jianhua and Fan Hongwei |
| Headquarters | , |
Area served | Worldwide |
Key people | Chen Jianhua (chairperson) |
| Revenue | US$90 billion[1] (2021) |
Number of employees | 170,125[1] (2021) |
| Website | hengli |
| Hengli Group | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Traditional Chinese | 恆力集團有限公司 | ||||||||
| Simplified Chinese | 恒力集团有限公司 | ||||||||
| Literal meaning | Consistent-Energy Group Company Limited | ||||||||
| |||||||||
The Hengli Group (Chinese: 恒力集团, KHUNG-lee) is a Chinese company active in oil refining, petrochemicals, polyesters and textiles. It operates the world's largest terephthalic acid (PTA) factory.[2]
Hengli was founded in Suzhou as a weaving factory in 1994 by husband and wife Chen Jianhua and Fan Hongwei.[3]
One of the world's largest companies, Hengli was ranked 67th in the Fortune Global 500 for 2021, and 3rd on a list of China's top 500 Private Enterprises.[4][5][6]
It is described as "focused on energy efficiency in both their products and processes."[7][8]
In 2020, environmentalists criticised the Hengli Group's plans to begin manufacturing plastics from coal.[9]
In 2021, the company was criticised for seeking only male candidates for positions as drivers in Guizhou.[10]