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Hengli Petrochemical was selected for the first time in the "2022 World's Top 25 Most Valuable Chemical Brands" list

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2022-06-08 16:53:53

Recently, BrandFinance, a well-known British brand evaluation agency, released the 2022 World's 25 Most Valuable Chemical Brands Report (Chemicals252021), and Hengli Petrochemical, the leading private chemical industry in China, was on the list for the first time, ranking 14th in terms of brand value.

Hengli Petrochemical is the industry leader in the earliest and fastest implementation of the strategic development of the whole industry chain of polyester new materials in China. It is a private chemical enterprise with a world-class integrated platform for the whole industry chain of silk, film and plastics.

With Hengli Petrochemical's upstream world-class refining and chemical and ethylene project key production capacity and the full production of various scarce chemical raw material products and the continuous consolidation and expansion of its midstream PTA business competitive advantage, the company has accelerated its ability to grow, deepen and refine downstream high-end new products. The "big chemical" platform support and raw material supporting conditions of the material and fine chemical industry continue to continue the new material value industry chain.

Hengli Petrochemical is currently the only company capable of mass production of 5DFDY products in China. The domestic production of MLCC release base film accounts for more than 65%, and it is the only domestic company and the second company in the world that can produce 12-micron silicon-coated release laminations online. Type lithium battery protective film company.The company's downstream chemical new material products are rich in variety, targeting the needs of the mid-to-high-end market, and are widely used in textiles, medicine, automobiles, new energy, electronic appliances, photovoltaics and other downstream fields.

In 2021, Hengli Petrochemical (600346.SH) achieved an operating income of 197.970 billion yuan, a year-on-year increase of 29.92%, and realized a net profit attributable to shareholders of the listed company of 15.531 billion yuan, a year-on-year increase of 15.37%. The company's revenue and profit scale both hit new highs , which highlights the company's continuous and stable profitability in the environment of wide fluctuations in upstream raw materials.In addition, Hengli Petrochemical distributed a cash dividend of 7.109 billion yuan, a record high scale, which fully reflects the company's long-term business philosophy of continuous and stable returns to market investors.

According to the BrandFinance report, BASF, SABIC and LG Chem are among the top three most valuable chemical brands in 2022. Others include Dow, Linde, LyondellBasell and other well-known multinational companies in the chemical industry.The total brand value of all chemical companies in China's top 25 ranks fourth, behind only Germany, the United States and Japan.

BrandFinance is a well-known brand valuation and consulting agency in the UK. It evaluates more than 5,000 brands every year, involving various industries and regions around the world, and has a high reputation in the industry.In addition to brand value, BrandFinance also determines the relative strength of the brand by measuring various indicators such as the company's investment in marketing, shareholder equity and performance, and gives the final result.

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