Shenghong-Fortune 500
2025.02.07
Shenghong Holdings Group Co., Ltd.
Shenghong Holdings Group Co., Ltd. (hereinafter referred to as "Shenghong") was established in 1992 and is headquartered in Suzhou, Jiangsu Province. It is an international and diversified large-scale enterprise group with core businesses in petrochemicals, polyester, new materials, new energy, and electronic chemicals. Shenghong is committed to becoming a globally leading petrochemical and new materials enterprise by driving technological innovation, industrial upgrading, and sustainable development.
Business Layout and Capacity
Shenghong's business covers multiple fields, including petrochemicals, polyester, new materials, new energy, and electronic chemicals. Its petrochemical business centers on the Shenghong Refining and Chemical Integration Project, which is one of China's largest single-process refining and chemical integration projects, with an annual production capacity of 16 million tons of crude oil refining, 2.8 million tons of aromatics, and 1.1 million tons of ethylene. In addition, Shenghong has an annual production capacity of 3 million tons of bottle-grade PET in the polyester sector. In the new materials field, the company focuses on the development of high-performance fibers, functional films, and bio-based materials.
Technology Innovation and R&D
Shenghong places a high emphasis on technological innovation and research and development. It has established a global R&D center and collaborates with many well-known domestic and international universities and research institutions to conduct cutting-edge technology research and new product development. The company owns several national and provincial R&D platforms, including a national-level enterprise technology center, a post-doctoral research workstation, and a provincial key laboratory. Shenghong has achieved multiple core technology breakthroughs in high-performance fibers, bio-based materials, and electronic chemicals, holding hundreds of invention patents.
Market and Customers
Shenghong's products are widely used in various industries, including textiles, apparel, food and beverage, automotive, electronics, and new energy. The company has established long-term and stable cooperative relationships with many well-known domestic and international enterprises, such as Coca-Cola, PepsiCo, Nongfu Spring, and BYD. Shenghong's products hold a significant position in the domestic market and are exported to over 100 countries and regions worldwide.
Sustainable Development and Social Responsibility
Shenghong always regards sustainable development as the core strategy of its corporate development and actively practices the concept of green development. The company achieves energy conservation, emission reduction, and resource recycling through the adoption of advanced environmental protection technologies and processes. Shenghong also actively participates in social public welfare activities, supporting the development of education, poverty alleviation, environmental protection, and other fields, striving to create more value for society.
Future Outlook
Shenghong will continue to promote technological innovation and industrial upgrading, optimize its product structure, and expand market space. The company plans to further expand its production capacity in the petrochemical and new materials fields over the next few years, strengthen its layout in new energy and electronic chemicals businesses, and is committed to becoming a globally leading petrochemical and new materials enterprise, making greater contributions to the high-quality development of the industry.
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