Hengli Group

What Hengli Group does

Hengli Group is a privately-held, vertically integrated Chinese industrial conglomerate headquartered in Suzhou, Jiangsu Province, that manufactures petrochemicals, polymer materials, polyester yarns, and finished textiles through three wholly-owned operating subsidiaries — Hengli Petrochemical (solvents, plastics, specialty chemicals), Hengli Textiles (woven and knitted fabrics including polyester and nylon), and Kanghui New Material Technology (PBT engineering plastics, PET chips, PBAT and PBS biodegradable plastics, and THF). The company's product portfolio spans chemical products, polyester film (for packaging, electronics, and optical materials), textile polyester yarn (POY, FDY, DTY), industrial polyester yarn produced via proprietary SSP solid-state polymerization, and finished textile fabrics, with Hengli self-describing as the world's largest polyester-drawn yarn producer and Hengli Textiles as one of the largest textile production bases in the world.

Underlying technology centers on PET-based polymer manufacturing and SSP solid-state polymerization for industrial polyester yarn, providing claimed advantages in stability and heat resistance. The business model is B2B hardware sales of manufactured chemical and textile materials to enterprise customers, distributed globally via direct industrial sales ([email protected], +86 18362567347). Pricing is not publicly disclosed; customers transact through direct inquiry. The horizontal segmentation spans automotive, fibers & textiles (primary), new energy & sustainability, industrial chemicals, and packaging/electronics/optical end-markets, with explicit emphasis on a "Green, Ecological, Harmonious" development concept and active build-out of biodegradable packaging materials.

The group operates without disclosed public listing, parent company, or private equity backing; ownership appears founder- or privately-controlled, and no audited financials, headcount, or revenue figures are available in the source data, materially limiting transparency for outside investors.

Name

Hengli Group

Legal name

Hengli Group

Website

https://hengli.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Hengli Group is a privately-held, vertically integrated Chinese industrial conglomerate that manufactures petrochemicals, polyester yarns, polymer materials, and finished textiles through wholly-owned subsidiaries, supplying automotive, packaging, electronics, and apparel customers globally.

Ownership category

akta.pro rank

Product category

Industrial Chemicals and Textile Manufacturing

NAICS

Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing (3252), Artificial and Synthetic Fibers and Filaments Manufacturing (325220), Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112), Plastics Material and Resin Manufacturing (325211)

SIC

Unsupported Plastics Film & Sheet (3081), Textile Mill Products (2200), Industrial Organic Chemicals (2860), Broadwoven Fabric Mills, Man Made Fiber & Silk (2221)

akta.pro primary industry

Engineering & High-Performance Thermoplastics Resin Manufacturing (PA, POM, PC, PBT, PEEK, PPS) (IMANAAAB)

akta.pro secondary industries

Polyester & Nylon Films (PET/BOPET, PA/BOPA) (IMALABAB), Engineering Plastics & Performance Resins (PC, PA, POM, PBT, PMMA) (IMAEADAI), Coated & Laminated Base Fabric Mills (Pre-finish Substrates) (IMAOABAI)

Keywords

• Polyester yarn manufacturing
• Petrochemical products
• Textile manufacturing
• Polymer materials
• Industrial chemicals

Headquarters

HQ city

Suzhou

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D

Revenue model

1. Chemical Products Sales: Manufacturing and selling chemical products including solvents, plastics, and specialty chemicals through Hengli Petrochemical
2. Polyester Film Products: Production and sale of polyester film used in packaging, electronic and electrical, optical materials applications
3. Polymer Material Products: Manufacturing PBT engineer plastics, PET chips, PBAT&PBS biodegradable plastics, and THF through Kanghui New Material Technology Co., Ltd.
4. Polyester Yarn Products: Production and sale of high-quality polyester yarns including POY, FDY, and DTY yarns for various fabric applications
5. Textile Products: Manufacturing and export of textile fabrics from traditional fabrics to modern polyester and nylon materials for fashion and home decor

Distribution channels1 record

Marketing channels2 records

Core offering

Hengli Group manufactures and sells chemical products (solvents, plastics, specialty chemicals) through Hengli Petrochemical, polyester film for packaging and electronics, polymer materials including PBT engineering plastics, PET chips, and biodegradable plastics (PBAT/PBS), textile polyester yarns (POY, FDY, DTY) as the world's largest polyester-drawn yarn producer, industrial polyester yarn produced via SSP solid-state polymerization, and finished textile fabrics across automotive, fashion, home decor, and sustainability end-markets.

Product overview

Hengli Group is a diversified manufacturing conglomerate with a portfolio of chemical, polymer, and textile products. The product lineup includes chemical products (solvents, plastics, specialty chemicals), polyester film products for packaging and electronics, polymer materials (PBT engineer plastics, PET chips, biodegradable plastics), textile polyester yarns (POY, FDY, DTY as the world's largest producer), industrial polyester yarn with SSP technology, and finished textile fabrics. The company operates vertically from petrochemical feedstocks through to finished textiles, positioning itself across automotive, packaging, and fashion end markets.

Differentiator

Problem solved

Functional benefit

Brands

• Hengli Petrochemical: Dedicated to chemical products including solvents, plastics, and specialty chemicals
• Hengli Textiles
• Kanghui New Material Technology

Products and services

• Chemical Products Hengli Petrochemical chemical products range from solvents and plastics to specialty chemicals, serving industrial customers requiring chemical solutions.
• Polyester Film Polyester film used in packaging, electronic and electrical, optical materials, and other fields, valued for its physical and chemical properties and environmental-friendly profile.
• Polymer Materials (Kanghui New Material Technology) Kanghui New Material Technology produces PBT engineer plastics, PET chips, PBAT and PBS biodegradable plastics, and THF, positioning as a leading production base in these materials.
• Textile Polyester Yarn High-quality polyester yarns including POY, FDY, and DTY yarns used in various fabrics; Hengli Group is the world's largest polyester-drawn yarn producer.
• Industrial Polyester Yarn Industrial polyester yarn made from PET as raw material using advanced SSP solid-state polymerization technology, providing excellent stability and heat resistance.
• Textiles Hengli Textiles is one of the largest textile production bases in the world, offering products ranging from traditional fabrics to modern polyester and nylon materials for fashion, home decor, and export.

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Indorama Ventures: Global PET and polyester producer with similar integrated value chain from petrochemicals to packaged products. Directly competes with Hengli in PET chips, polyester yarn, and polyester film.
• Tongkun Holdings: One of the largest polyester filament yarn producers in China, competing head-to-head with Hengli on POY/FDY/DTY yarn volumes and pricing.
• Far Eastern New Century: Taiwan-based vertically integrated polyester and textile producer competing with Hengli in polyester filament yarn, PET resin, and downstream textile fabrics across Asia.
• Shenghong Petrochemical: Major Chinese integrated petrochemical and polyester producer with comparable scale in PTA, PET, and polyester filament yarn. Direct competitor in Hengli's core domestic Chinese market.
• Reliance Industries (Polyester/PET): One of the world's largest polyester and PET producers through its materials business. Competes directly with Hengli in polyester yarn, fiber intermediates, and downstream textile applications.
• Alpek: Mexican petrochemical company producing PET, polyester, and specialty chemicals. Competes with Hengli in PET chips and polyester film packaging applications globally.

Broad incumbents

• Sinopec: China's largest integrated petrochemical company producing PTA, PET, and polyester feedstock. Competes with Hengli Petrochemical in solvents, plastics, and specialty chemicals at a much larger scale.
• SABIC: Global petrochemical giant producing engineering plastics, specialty chemicals, and polymer feedstocks. Overlaps with Hengli Petrochemical and Kanghui in PBT engineering plastics and specialty chemicals.
• BASF: Global chemical incumbent with extensive engineering plastics, biodegradable plastics (ecoflex), and specialty polymer portfolio. Competes with Hengli/Kanghui in PBAT and PBT, and with Hengli Petrochemical in solvents and specialty chemicals.

Regional players

• Shandong Ruyi Technology Group: Chinese textile conglomerate producing polyester and nylon textile fabrics with similar vertical integration model. Domestic competitor in finished textiles and fashion fabrics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hengli Group