Guyan Chong

Hengli Petrochemical International Pte. Ltd. was incorporated in Singapore in October 2017, a listed company under one of the world's largest weaving companies, Hengli Group. Hengli Group, established in 1994, is an international enterprise that focuses on oil refining, petrochemical, advanced polyester materials, and textile. The Group owns one of the world’s largest PTA plants and one of the world’s largest functional fiber production bases and weaving enterprises, with more than 170,000 employees. Hengli Group's total revenue in 2023 is 817.7 billion yuan ($115.1B USD), ranking 81st in Fortune Global 500, 25th among the top 500 Chinese companies, 3rd among the top 500 Chinese private companies, and 5th among the top 500 Chinese manufacturing companies. Hengli Petrochemical International Pte. Ltd. is engaged in the supply and trading of crude oil, petroleum and petrochemical products as well as the key supplier of imported crude oil to Hengli Refining and Chemical Integration Project (20 million tons/year, 400,000 bpd) in Dalian Changxing Island.