Hengyang Logistics

What Hengyang Logistics does

Jiangyin Hengyang Logistics Group (江阴恒阳物流集团), whose listed parent is Hengyang Petrochemical Logistics Co., Ltd. (恒阳石化物流有限公司, SGX: 5PD.SI), is a Chinese petrochemical logistics service provider founded in 2002 and headquartered in Jiangyin, Jiangsu Province. The group operates an integrated network of six regional tank-farm and port-terminal subsidiaries — Jiangyin Hengyang, Jiangsu Deqiao Storage (Jingjiang), Wuhan Hengyang, Yueyang Hengyang, Chongqing Xinhengyang, and Tianjin Hengyang (added August 2022) — plus Jiangyin Jinqiao Transportation for road haulage, providing storage and multi-modal transportation of liquid and gaseous petrochemicals and refined oils including methanol, acetic acid, phenol, styrene, glycols, LPG, gasoline, diesel, and fuel oil. Total tank capacity across the network exceeds 1.74 million m³ and includes pressurized spherical tanks for gases, deep-water berths up to 50,000-tonne class, the 1.3 km ship-to-tank pipeline transfer system at Chongqing, and a planned rail-water-road intermodal hub on the upper Yangtze. The group is the sole designated bulk liquid chemical transit warehouse at the Wuhan Chemical Industrial Park, operates China's first food-grade chemical sub-packaging base at Jiangyin, and received the 2018 National Science and Technology Progress Award First Prize from eight national ministries.

Hengyang's revenue model combines recurring tank storage and capacity contracts (managed-services style recurring fees) with transaction-based port/terminal throughput, berthing, pipeline transfer, and rail/road intermodal fees. Pricing is negotiated individually with each major customer and is not publicly disclosed; the go-to-market is enterprise B2B sales to multinational and state-owned petrochemical producers — named customers include Dow Chemical, BP, BASF, Sinopec, CNPC, CNOOC, Shell, Sinochem International, Zhejiang Petrochemical, Hengli Group, and Shenghong Group — supplemented by strategic partnerships such as Rongsheng's "Strategic Cooperation Service Provider" relationship. The shareholder base includes three documented strategic equity investors: CITIC Port Investment (2017), Sinopec Chemical Sales (August 2021), and Jiangyin Jinqiao Chemical (2023). The group has 501-1000 employees, was named a Vice-Chairman Unit of the CFLP Hazardous Chemical Logistics Branch, and continues to be recognized on the China Chemical Logistics Top-100 Warehousing list. No audited revenue figures were disclosed in the scraped source data; the 2022 financial figure of $57.1 billion in the provided financial table appears to be unit-corrupted and is not used here.

Name

Hengyang Logistics

Legal name

江阴恒阳化工储运有限公司 (Jiangyin Hengyang Chemical Storage and Transportation Co., Ltd.)

Website

https://hyplc.com

Company type

Public

Founded year

2002

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Jiangyin Hengyang Logistics Group is a China-based petrochemical logistics operator with eight tank-farm and port-terminal subsidiaries along the Yangtze and Bohai coast, providing storage, port throughput, and multi-modal transportation of liquid and gaseous chemicals and oils to major petrochemical producers including Sinopec, CNPC, Dow, BP, and BASF.

Ownership category

akta.pro rank

Product category

Petrochemical Logistics Services

NAICS

Freight Transportation Arrangement (4885), General Freight Trucking (4841), General Freight Trucking, Local (48411), General Freight Trucking, Long-Distance, Less Than Truckload (484122)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731), Trucking (No Local) (4213), Public Warehousing & Storage (4220)

akta.pro primary industry

Chemical & Petrochemical Logistics (Bulk, ISO Tanks, Drums/IBCs) (TLAIAJAC)

akta.pro secondary industries

Liquid Bulk Chemical & Petrochemical Terminals (Base Chemicals, Solvents) (TLAHABAI), DG Compliance, Packaging & Documentation Services (UN Packaging, SDS, DGD/IMDG) (TLAIAJAJ)

Keywords

• Petrochemical logistics services
• Liquid chemical storage
• Hazardous cargo transportation
• Chemical tank terminal operations
• Multimodal freight services

Headquarters

HQ city

Jiangyin

HQ country

China

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Liquid/gas petrochemical storage and tank leasing: Recurring storage fees and tank capacity contracts for liquid and gaseous petrochemicals (methanol, acetic acid, phenol, styrene, glycols, LPG, gasoline, diesel, fuel oil, base oil, etc.) across 8 storage terminals with combined capacity exceeding 1.74 million m³. Long-term storage agreements with multinational and state-owned chemical majors.
2. Road logistics services for liquid chemicals: Jinqiao Transport provides dedicated liquid chemical road transportation via a fleet of 55 atmospheric tank trucks with total capacity of 1,700 tons, including ancillary parking/wash/refuel services at the smart chemical park depot.
3. Port/terminal throughput and berthing fees: Revenue from vessel berthing, loading/unloading, and pipeline transfer at the group's deep-water terminals (e.g., Tianjin Hengyang's 4.6 million t/yr designed throughput, Jiangyin 40,000-tonne international open berth, Jingjiang Deqiao's 50,000-tonne-capable berths).
4. Rail loading/unloading and intermodal logistics services: Railway-side loading/unloading services at the new Xinhengyang-to-Chuanwei railway station facility, extending Yangtze upper-reach intermodal revenue beyond traditional water transport.

Pricing tiers

Go-to-market motion2 records

Core offering

Jiangyin Hengyang Logistics Group is a petrochemical logistics service provider that stores and transports liquid, gaseous and refined petrochemical products (methanol, acetic acid, phenol, acetone, styrene, glycols, polyether polyols, LPG, gasoline, diesel, kerosene, fuel oil, base oils, etc.). It operates a nationwide network of six regional tank-farm and deep-water terminal hubs along the Yangtze River and at Tianjin Nangang on the Bohai coast, supported by a wholly-owned road transportation subsidiary (Jiangyin Jinqiao Transportation) with a 55-truck fleet and a dedicated hazardous-cargo truck parking/service yard.

Product overview

Jiangyin Hengyang Logistics Group (江阴恒阳物流集团, listed on SGX as Hengyang Petrochemical Logistics Co., Ltd. / 恒阳石化物流有限公司, stock code 5PD.SI) operates as a single integrated petrochemical logistics platform organized around six regional storage-and-terminal sub-brands plus a road-transport arm. The core service — liquid/gas petrochemical storage and transportation — is delivered through the Jiangyin Hengyang (江阴恒阳), Jiangsu Deqiao Warehouse (江苏德桥仓储), Wuhan Hengyang (武汉恒阳), Yueyang Hengyang (岳阳恒阳), Chongqing New Hengyang (重庆新恒阳), and Tianjin Hengyang (天津恒阳) facilities, each providing tank farm capacity, dedicated wharf berths, and pipeline / rail intermodal links along the Yangtze River and at the Bohai coast. Land-side distribution is handled by Jiangyin Jinqiao Transportation (江阴市金桥运输), the group's road-transport subsidiary with a 55-truck chemical tank fleet. Together these six regional hubs and the transportation subsidiary form a unified Yangtze-and-coastal storage-and-distribution network for major petrochemical customers including Dow Chemical, BP, BASF, Sinopec, PetroChina, CNOOC, Shell, Sinochem, Zhejiang Petrochemical, Hengli Group and Shenghong Group.

Differentiator

Problem solved

Functional benefit

Brands

• 江阴恒阳 (Jiangyin Hengyang): Parent/flagship brand used for the founding Jiangyin entity, its 4万吨级 international open码头, and the 17.16万m³ tank farm — including the first domestic food-grade chemical sub-packaging base in China.
• 靖江德桥 / 江苏德桥 (Jiangsu Deqiao)
• 武汉恒阳 (Wuhan Hengyang)
• 岳阳恒阳 (Yueyang Hengyang)
• 重庆新恒阳 (Chongqing Xinhengyang)
• 天津恒阳 (Tianjin Hengyang)
• 江阴市金桥运输 (Jiangyin Jinqiao Transportation)

Products and services

• Jiangyin Hengyang Chemical Storage and Transportation Co., Ltd. (江阴恒阳化工储运有限公司) Group's flagship facility with a total tank capacity of 171,600 m³ across 67 storage tanks (including 33,000 m³ of pressurized spherical tanks for butadiene, butene, LPG, pentane) and a 40,000-ton-class Category-1 international open wharf with a 230-meter-long berth and 168m × 21m operating platform. Operates China's first food-grade chemical sub-packaging base.
• Jiangsu Deqiao Warehouse Co., Ltd. (江苏德桥仓储有限公司) Group's largest and most comprehensive project, located in Jingjiang, Jiangsu, with 139 storage tanks totaling 547,500 m³ (including 39,000 m³ of pressurized spherical tanks) for oils, chemicals and LPG products, plus a 460m wharf with three outer 10,000-ton-class berths and three inner 1,000-ton-class berths.
• Wuhan Hengyang Chemical Storage and Transportation Co., Ltd. (武汉恒阳化工储运有限公司) Located in Wuhan Chemical Industrial Park on a 326-mu site, this is the park's sole designated liquid bulk chemical transit warehouse, with a 760m wharf frontage, 295,000 m³ liquid tank farm, 5,256 m² solid warehouse, and five 5,000-ton-class liquid chemical berths.
• Yueyang Hengyang Chemical Storage and Transportation Co., Ltd. (岳阳恒阳化工储运有限公司) Located in Yueyang Lingang Industrial New District, Hunan, on a 220-mu site with a 424m shoreline, planned 150,000 m³ of storage tanks and three liquid chemical berths (1 × 5,000-ton-class and 2 × 3,000-ton-class). Phase 1 of 72,000 m³ and three berths are operational.
• Chongqing Xinhengyang Storage and Transportation Co., Ltd. (重庆新恒阳储运有限公司) Located in Changshou Chemical Industrial Park, Chongqing, with 266,000 m³ of storage tanks and five 3,000-ton-class (also capable of accommodating 5,000-ton) oil and liquid chemical berths, plus a 1.3 km pipeline transfer system interconnecting with the Chuanwei railway line to form an upper-Yangtze road-rail-water intermodal hub.
• Tianjin Hengyang Chemical Storage and Transportation Co., Ltd. (天津恒阳化工储运有限公司) Located in Tianjin Nangang Industrial Zone, with three chemical terminal berths capable of simultaneously berthing two 50,000-ton, two 20,000-ton and one 5,000-ton vessels (or three 10,000-ton), 58 storage tanks of 315,300 m³, designed annual throughput of 4.6 million tons, and 120,000 m² of reserved expansion land.
• Jiangyin Jinqiao Transportation Co., Ltd. (江阴市金桥运输有限公司) Wholly-owned road transportation subsidiary providing land-side liquid chemical transport with a fleet of 55 chemical atmospheric tank trucks with total transport capacity of 1,700 tons, plus a dedicated 55-mu, 150-space smart chemical park truck parking, tank-washing and refueling service yard.
• Liquid/Gas Petrochemical Storage and Transportation Service (液体/气体石化产品仓储与运输服务) Group-wide specialized storage and transportation service for liquid and gas petrochemical products and oils, covering methanol, acetic acid, phenol, acetone, styrene, ethylene glycol, polyether polyol, propane, butane, gasoline, diesel, kerosene, fuel oil, base oil, and additional chemicals handled across the Jiangyin, Jingjiang, Wuhan, Yueyang, Chongqing and Tianjin terminals.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Royal Vopak: Global market leader in independent bulk liquid and gas storage, operating a global network of tank terminals for petrochemicals, oils, and chemicals. Directly comparable to Hengyang as a tank-storage landlord serving multinational chemical majors, with a comparable blend of pressurized and atmospheric storage and long-term take-or-pay contracts.
• IMTT (International-Matex Tank Terminals): North America's largest independent bulk-liquid terminal operator, storing and handling petroleum, chemicals, and vegetable oils. A direct peer to Hengyang in the independent third-party tank-storage business model serving industrial chemical customers with multi-modal port connectivity.
• Odfjell: Global tank storage and chemical tanker operator with terminals handling acids, alcohols, oils, and specialty chemicals. Closely comparable to Hengyang's hazardous-chemical storage and intermodal road/rail/water logistics model, especially in serving multinational petrochemical customers with temperature-controlled and pressurized tankage.
• Stolthaven Terminals (Stolt-Nielsen): Global bulk-liquid chemicals and clean petroleum products storage business owned by Stolt-Nielsen. Directly comparable to Hengyang as a specialist operator of deep-water chemical terminals serving multinational customers with multi-modal intermodal capability.

Broad incumbents

• China Merchants Port Holdings: Hong Kong-listed port operator with significant Chinese chemical and liquid bulk terminal interests. Comparable as a state-linked operator of Chinese coastal and river terminals handling hazardous and liquid bulk cargo, overlapping with Hengyang's port, berthing, and intermodal revenue streams.
• Sinopec Chemical Logistics Co., Ltd. In-house hazardous-chemical logistics arm of Sinopec Group, the same entity that became a strategic shareholder in Hengyang in 2021. Comparable in service offering (tank storage, road transport, emergency response) and in serving the Chinese petrochemical supply chain, but operating as a captive/integrated logistics platform rather than an independent terminal landlord.

Regional players

• Tianjin Port Development Holdings: Operator of Tianjin Port — the same Nangang Industrial Zone geography where Hengyang's Tianjin subsidiary was established in 2022. Comparable as a North China port/terminal operator handling liquid bulk and chemical cargo, though it operates as a general cargo port rather than a specialized chemical terminal landlord.
• Zhejiang Hangyang: Zhejiang-based industrial-gas and petrochemical equipment/logistics company. Comparable in the Yangtze River Delta hazardous-chemical logistics and storage value chain, overlapping with Hengyang's Jiangyin-Jingjiang-Yueyang terminal network serving the same chemical majors in the eastern China petrochemical cluster.
• Jiangsu Yuyue Petrochemical Logistics (Yuyue Logistics): Regional Jiangsu-based hazardous chemical and petrochemical storage/logistics operator competing for Yangtze-River-belt customers. Comparable in service scope (tank storage, road transport, hazardous chemical handling) and in serving the same Jiangsu and Yangtze petrochemical customer base that Hengyang's Jiangyin/Jingjiang/Jiangsu Deqiao subsidiaries serve.

Others

• Mitsui O.S.K. Lines / MOL Chemical Tankers: Japanese-controlled global chemical tanker and storage operator with Asia-Pacific terminal exposure. Comparable as an enabler and adjacent service provider in the Asia-Pacific hazardous-chemical logistics chain that Hengyang serves, particularly for international and Japanese chemical majors shipping into the Yangtze and Bohai hubs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hengyang-petrochemical-logistics-ltd-5hy-

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

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 Hengyang Logistics