The Hengli Advanced Manufacturing Industry Cluster project, with a total investment of 12 billion yuan, has been established in Wujiang

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On February 25, Wujiang District in Suzhou City signed a deal with Hengli Group; the Hengli Advanced Manufacturing Industry Cluster project, with a total investment of 12 billion yuan, was established in Wujiang. The Hengli Advanced Intelligent Manufacturing Industrial Cluster project includes three strategic key projects: one for the annual production of 500,000 tons of high-performance polyester fibers, another for the research and development and manufacturing of generators for use in high-end ships, and a third for a science and innovation R&D headquarters. The total investment in these projects is approximately 12 billion yuan. Once the high-performance polyester fibers and advanced marine generator production facilities are established, they will further strengthen Hengli’s leadership in the high-end, high-performance polyester industry, address the shortcomings in China’s production of high-end marine generators, and enable the development of an independent supply chain ； The Science and Innovation R&D Headquarters project will focus on the two industrial chains of Hengli Petrochemical’s new materials and shipbuilding industries, and by attracting talent, conducting scientific research and development, and translating achievements into practical applications, it will contribute more effectively to the development of these real economy sectors. It is reported that Hengli Group was founded in Wujiang in 1994, starting out in the textile and fiber industry. After 32 years of development, it has grown into a world-class industrial group spanning various sectors such as refining, petrochemicals, new materials, textiles, and heavy industry, with total revenue expected to reach 899 billion yuan by 2025.