Moat! The Hengli Group Has Signed Several Projects, Amounting To 12 Billion 500 Million Dollars.

In November 5th, the second China International Import Fair opened in Shanghai National Convention and Exhibition Center. This session will continue the theme of "new era and share the future" and provide more opportunities, opportunities and opportunities for countries to achieve common development. A total of 181 countries, regions and international organizations attended the exhibition, and more than 3800 enterprises attended the exhibition.

During the Expo, Hengli group responded positively to the call of the national strategy, deepened international economic and trade cooperation, and signed cooperation agreements with well-known enterprises from many countries and regions. The cooperation covers five production bases and trade sectors of Suzhou, Suqian, Nantong, Dalian and Yingkou. The cooperation includes crude oil, aromatics and other raw materials and equipment procurement, and the total contract amount is 12 billion 500 million dollars. Among them, only Hengli Petrochemical (Dalian) refining and Chemical Co., Ltd. and Saudi Arabian oil company (hereinafter referred to as "Saudi Aramco") signed a crude oil supply agreement, the signing amount of up to 5 billion 700 million U.S. dollars.

Hengli refining and chemical industry is the first comprehensive production project of the seven major petrochemical industrial bases in China. It is also the first Chinese private refinery to successfully obtain long-term crude oil supply from Saudi Aramco. The project's high starting point strategy, high standard planning, high quality construction, high level driving and efficient management will play a typical role in the development of the global petrochemical industry in the new era. At last year's first fair, Saudi Aramco successfully joined hands with Hengli refinery to become one of the main suppliers of crude oil in Hengli refinery. Over the past year, Saudi Aramco has supplied a lot of high quality crude oil to Hengli, greatly ensuring that the refinery plant runs smoothly and efficiently. According to production needs, Hengli refining and chemical company plans to import 20 million tons of crude oil in 2020.

While discussing cooperation and purchasing bulk raw materials, Hengli Group actively participates in the Hongqiao International Economic Forum, grasps the new trends and changes in the domestic and foreign economic development, and understands the advanced equipment and technology in the world, and strives to make further progress in the development of high quality economy.

Chen Jianhua, chairman and CEO of Hengli Group Hengli will continue to promote the international trade and cooperation of the whole industrial chain from "a drop of oil to a cloth", and actively implement the community of human destiny, which will contribute to the development of the global petrochemical industry. He said that Hengli should base itself on its main business, stick to its industry and go all the way with the party. It will make full use of global thinking and global resources to achieve higher quality development, so that the world can hear the voice of Chinese private enterprises and feel the strength of China's national industry.