Hengli Group is one of the largest privately-owned enterprises in China, headquartered in Suzhou, Jiangsu Province, specializing in petrochemicals, polyester new materials, textiles, and machinery manufacturing. Founded in 1994, Hengli operates the world largest terephthalic acid (PTA) factory and has built a vertically integrated supply chain from crude oil refining through to finished textile products. The group ranked 81st on the 2024 Fortune Global 500 with annual revenues of approximately $114 billion.

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