Hengli Group's Seventh Production Base With A Total Investment Of 135 Billion Yuan Will Start Construction In December

Hengli Group project plans a total investment of 135 billion yuan, covering an area of about 32,000 mu, focusing on the construction of Hengli (Yulin) coal chemical industry Park and Hengli (Yulin) textile new materials industrial park, the first time in the industry to coal to olefin, aromatics, fine chemical industry, PTA, polyester, chemical fiber and textile new materials processing depth integration.

Hengli group's other 6 bases are located in Suzhou, Dalian, Suqian, Nantong, Yingkou and Luzhou.

The project is scheduled to start construction in December this year. After it is fully put into operation, it will process 20 million tons of raw material coal annually and produce 9 million tons of fine chemical, polyester chemical fiber and textile products, including 5 million tons of high-end chemical and new material products. It will achieve an annual output value of 150 billion yuan, profit and tax 45 billion yuan, and employ more than 20,000 people.