Hengli Petrochemical has invested a total of 20 billion yuan to build a 1.6 million tons/year high-performance resin and new material project on Changxing Island.

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On November 12, 2021, Dalian Changxing Island Economic and Technological Development Zone released the latest: Hengli Petrochemical (Dalian) New Materials Technology Co., Ltd. 1.6 million tons/year high-performance resin and new materials project social stability risk analysis public participation announcement, the project overview is as follows: 1. Project name: Hengli Petrochemical (Dalian) New Materials Technology Co., Ltd. 1.6 million tons/year high-performance resin and new materials project ； 2. Nature of construction: New ； 3. Construction location: In Hengli Petrochemical Industrial Park, Changxing Island, Dalian ； 4. Size of land area: 247.56 hectares ； 5. Total investment: 20 million yuan ； 6. Construction content: Added a 450,000 tons/year ethylene oxide unit, a 200,000 tons/year ethanolamine unit, a 30,000 tons/year ethylene amine unit, a 420,000/260,000 tons/year phenol propylene unit, and 2 * 240,000 tons/year bisphenol A plant (using ion exchange method), 200,000 tons/year dimethyl carbonate plant, 260,000 tons/year polycarbonate plant, 2 * 200,000 tons/year CO2 refining unit, 130,000 tons/year isopropyl alcohol unit, 300,000 tons/year ABS unit, 150,000 tons/year polystyrene unit, 80,000 tons/year polyformaldehyde unit, 72,000 tons/year PDO unit, 60,000 tons/year PTMEG unit, power (excluding units), public works and auxiliary facilities, etc. Hengli Petrochemical (Dalian) Changxing Island Industrial Park currently includes: Hengli Petrochemical (Dalian) Refining and Chemical Co., Ltd., Hengli Petrochemical (Dalian) Co., Ltd., and Hengli Petrochemical (Dalian) Chemical Co., Ltd. currently have 20 million tons/year refining and chemical projects, 11.6 million tons/year PTA projects, and 1.5 million tons/year ethylene projects. Due to their large scale and large production capacity, their annual revenue accounts for more than 50% of listed companies. In addition, the park has two self-contained power plants, which can fully meet the normal production needs of Hengli Refining, Hengli Petrochemical and Hengli Chemical. The company's production electricity has always been generated by self-contained thermal power plants, which is also one of the company's advantages.