Top Suppliers and Manufacturers of Mono Ethylene Glycol (MEG) in China 🇨🇳

Sinopec, officially known as China Petroleum & Chemical Corporation, is one of the largest integrated energy and chemical companies globally. The company is headquartered in Beijing, China, and has been a key player in the oil and gas industry since its founding in 2000.

Sinopec specializes in a wide range of activities, including oil and gas exploration, production, refining, and marketing. It also manufactures and distributes petrochemicals such as Mono Ethylene Glycol (MEG), which is essential in the production of polyester fibers, resins, and antifreeze solutions.

Some of Sinopec's top products include fuels, natural gas, lubricants, and petrochemicals. Their portfolio is extensive, encompassing products like liquefied petroleum gas (LPG), asphalt, chemical fibers, and chemical fertilizers. Sinopec's advanced refining capacity allows it to process crude oil into a variety of market-ready products efficiently.

Exporting to numerous global markets, Sinopec has established a significant international presence. The company operates in various regions, including the North Sea, Africa, and Brazil, through joint petrochemical ventures. This global footprint is bolstered by strategic investments and partnerships aimed at expanding their reach and influence in the energy sector.

Sinopec has also made substantial investments in renewable energy, such as projects involving vegetable-based jet fuel and green hydrogen production, showcasing their commitment to sustainability and adaptation to evolving energy demands.

In the financial year 2023, Sinopec reported impressive revenues of approximately $420 billion. The company employs a substantial workforce, with numbers ranging between 300,000 to 500,000 employees, highlighting its role as a significant employer in the industry.

PetroChina Company Limited is a leading global energy giant, specializing in the exploration, production, and distribution of oil and natural gas. Established in 1999 as part of the restructuring of China's state-owned oil sector, the company has rapidly ascended to become the largest oil producer and distributor in China. Headquartered in Beijing, PetroChina takes advantage of its strategic location within one of the world’s most influential economies.

Among PetroChina’s top products are crude oil, natural gas, and a diverse array of refined petroleum products. The company is deeply involved in oilfield exploration, construction, and refining, employing advanced technologies to ensure operational efficiency and sustainability. This holistic approach allows PetroChina to be a key player in ensuring China's energy security. Additionally, PetroChina is active in the petrochemical sector, with significant production and distribution of Mono Ethylene Glycol (MEG), a crucial component in the manufacture of polyester fibers, resins, and various industrial applications.

• Leading oil and gas exploration and production activities.
• Utilization of advanced refining technologies.
• Integrated supply chains covering all aspects of the energy sector.

With robust export markets spanning Asia, Europe, and North America, PetroChina has established itself as a vital link in the international energy supply chain. By forging partnerships and joint ventures, the company has bolstered its global presence, ensuring a steady supply of its diverse product offerings to international markets.

PetroChina reported impressive revenue figures, with $438 billion USD in revenue for 2022, reflecting its strong performance and resilience in a highly competitive industry. The company employs approximately 400,000 people worldwide, making it a significant employer in the energy sector and underscoring its commitment to workforce development and operational excellence.

BASF China is committed to creating chemistry for a sustainable future by combining economic success with environmental protection and social responsibility. The company is a significant player in the chemical industry with a strong presence in Greater China, producing about 75% of its sales locally. Some of the key sectors BASF China caters to include Agriculture, Automotive & Transportation, Chemicals, Construction, Electronics, Energy & Resources, Furniture & Wood, Home Care, Nutrition, Packaging, and Textiles.

BASF China's top products include high-performance materials such as Acrylics, Alcohols, and Plastics & Rubber. The company is also known for its sustainable innovations like the compostable biopolymer, ecovio®. Notably, BASF has made strides in the automotive chemical industry with its new methyl glycols plant in Zhanjiang, the first fully backward integrated methyl glycols plant in China, designed to meet the demand for modern brake fluids.

Established in 1885, BASF has built a robust presence in China through strategic joint ventures and innovative production facilities. Headquartered in Shanghai with major sites in Nanjing, Chongqing, and Guangdong, the company continues to expand its operations, including a new Verbund site in Zhanjiang. This €10 billion investment aims to enhance production capabilities and signifies the largest foreign investment in BASF's history.

In 2023, the company achieved approximately €9.4 billion in sales within Greater China, reflecting its significant contribution to local markets. BASF is also noted for its extensive R&D efforts and aims to transition its Zhanjiang site to 100% renewable energy by 2025 to minimize its carbon footprint.

LG Chem is a global leader in the chemical industry, recognized for its extensive portfolio of high-performance materials, petrochemicals, and advanced battery solutions. Specializing in products like lithium-ion batteries, advanced materials, and life sciences, LG Chem has a diversified range of offerings that cater to various sectors including automotive, electronics, and energy.

Founded in 1947 and headquartered in Seoul, South Korea, LG Chem has grown into a powerhouse in the chemical industry. Initially established as Lucky Chemical Industrial Corporation, the company originally focused on basic chemicals and cosmetics. Over the years, it shifted its focus towards B2B markets, spinning off its consumer products division into LG Household & Health Care. The company now operates eight factories in South Korea and has a network of 29 business locations across 15 countries.

In recent years, LG Chem reported a revenue of approximately $24 billion in 2023. Its robust financial health is bolstered by its strong export markets, particularly in Asia-Pacific, Europe, and North America. The company employs over 20,000 professionals dedicated to advancing chemical solutions, emphasizing its significant workforce and investment in research and development.

LG Chem is also known for its commitment to sustainability, particularly through its eco-friendly LETZero brand. While the company specializes in various chemical products, including high-demand items like petrochemicals and advanced materials, it also plays a crucial role in the energy sector with its cutting-edge battery technologies. These developments align with global movements towards renewable energy and reduced carbon emissions.

In the context of mono ethylene glycol (MEG), which is critical for producing antifreeze, resins, and PET plastics, LG Chem's extensive chemical expertise and global reach make it a significant player. Though specific details about their MEG production are missing, their overall product diversification and market presence suggest strong capabilities in this area as well.

Formosa Plastics Corporation is a prominent player in the global plastics and chemical industry, known for its wide range of high-quality products. Established in 1954, Formosa has grown to become one of the world's largest producers of polyvinyl chloride (PVC) resins and other petrochemical products, including Mono Ethylene Glycol (MEG).

Formosa Plastics excels in manufacturing a variety of chemicals and plastics such as Chlor-Alkali, Polyethylene, Polypropylene, Suspension PVC, Specialty PVC, and Mono Ethylene Glycol, which is vital in the production of antifreeze, polyester fibers, and plastic bottles. Their products cater to industries ranging from construction and automotive to textiles and consumer goods.

With facilities strategically located in regions such as Livingston, NJ, Point Comfort, TX, Baton Rouge, LA, and Lolita, TX, Formosa Plastics is well-positioned to serve both regional and international markets. They have a significant presence in export markets, providing reliable and innovative chemical solutions worldwide.

Formosa Plastics has a rich history dating back to its founding in Taiwan. The company established its U.S. operations in 1978, growing significantly in the petrochemical sector. The U.S. branch alone employs over 2,400 people and reports annual revenues exceeding $5 billion as of 2023.

Committed to sustainability, Formosa Plastics aims to achieve carbon neutrality by 2050. The company has invested in multiple projects to enhance environmental stewardship, including waste reduction initiatives and community welfare programs. Their vertical integration approach ensures high-quality production from raw material extraction to final product distribution.

Overall, Formosa Plastics Corporation stands out for its dedication to quality, innovation, and sustainability, making it a leading supplier in the global market for petrochemical products, including Mono Ethylene Glycol (MEG).

Shanghai Chemex is a prominent chemical manufacturer and supplier headquartered in Shanghai, China. Specializing in providing a broad range of chemical products, they serve various industries, including manufacturing, agriculture, pharmaceuticals, and more. Their top products encompass water treatment chemicals, industrial chemicals, solvents, surfactants, additives, rubber additives, food additives, pharmaceutical chemicals, electroplating chemicals, and agrochemicals. Notably, Shanghai Chemex offers essential chemicals like phosphoric acid, potassium carbonate, sodium tripolyphosphate, and manganese sulfate, which are widely used in diverse industrial applications.

As a supplier committed to sustainability and innovation, Shanghai Chemex emphasizes environmentally-friendly practices in their production processes. Their strategic location in Shanghai, a key hub for international trade, allows for efficient logistical operations, ensuring the safe and timely delivery of products to global markets. Key export regions include North America, Europe, Asia, the Middle East, Africa, and Oceania.

Founded in the early 2000s, Shanghai Chemex has built a reputation for quality and reliability. Their consistent focus on research and development has enabled them to stay ahead of industry trends and meet the evolving needs of their customers. With branches in Istanbul, Dubai, and Moscow, they have established a solid presence in critical export markets, enhancing their global reach and operational effectiveness.

Although specific revenue and employee data are unavailable, their significant achievements in the chemical sector reflect their commitment to growth and excellence. Shanghai Chemex continues to expand its product offerings and explore new market opportunities, contributing to its status as a trusted supplier in the global chemical industry.

Sinopec Zhenhai Refining & Chemical Company (ZRCC) is a distinguished player in the petrochemical industry, recognized for its wide-ranging refining and chemical production capabilities. Located in the Zhenhai District, Ningbo, Zhejiang Province, China, ZRCC operates one of the region's largest and most advanced refining complexes.

Established in 1975 as Zhejiang Refinery, ZRCC has evolved significantly over the decades. It achieved a milestone in 1994 by being listed on the Hong Kong Stock Exchange, although it withdrew from the listing in 2006. With a robust history of growth and innovation, ZRCC is known for implementing advanced refining technologies and sustainable practices, prioritizing both operational efficiency and environmental standards.

Top products produced by ZRCC include gasoline, diesel, jet fuel, and various petrochemical substances such as ethylene, propylene, and Mono Ethylene Glycol (MEG). MEG is an essential chemical used in the production of antifreeze, polyester fibers, and plastic bottles. ZRCC's capability to produce high-purity MEG positions it as a key supplier in the global market, fulfilling the demands of diverse industrial applications.

ZRCC primarily exports its products to international markets, including Asia, Europe, and North America, leveraging its strategic location near major shipping routes. This extensive export network underscores ZRCC's strong logistical capabilities and commitment to timely delivery and customer satisfaction.

The company boasts an impressive crude oil processing capacity of 27 million tons per year and an ethylene production capacity of 2.2 million tons annually. Additionally, ZRCC has extensive tankage facilities and a sea jetty capable of handling over 120 million tons per year, further illustrating its formidable infrastructural capabilities.

With a dedicated workforce focused on innovation and excellence, ZRCC continues to contribute significantly to the global petrochemical landscape. The company’s ongoing projects and continuous upgrades reflect its commitment to maintaining its competitive edge and fostering sustainable development in the petrochemical sector.

Hengli Petrochemicals is a leading player in the global petrochemical industry. Established in 1994, the company specializes in a full range of products, including polyester fibers, PET resin, and chemical fibers. Known for top-quality manufacturing standards, Hengli has set a benchmark within the industry, and their offerings are integral to numerous sectors such as textiles, packaging, automotive, and construction.

One of Hengli's key products is Mono Ethylene Glycol (MEG), which is essential in the production of polyester fibers and antifreeze formulations. Their MEG, along with other high-grade chemical materials, caters to a diverse range of industrial requirements, ensuring that the company's products remain in high demand worldwide.

Strategically headquartered in Dalian, Liaoning Province, China, Hengli’s geographical advantage facilitates efficient shipping and distribution. The company has established a significant presence in major export markets including North America, Europe, and the Asia-Pacific region.

Hengli Petrochemicals emerged from humble beginnings as a weaving factory, growing exponentially to now operate the world's largest terephthalic acid (PTA) factory. Over the years, the company has strategically expanded its production bases to include locations like Suzhou, Dalian, Suqian, Nantong, and Yingkou. Hengli also invested heavily in state-of-the-art technology and infrastructure to enhance its production capabilities.

The company reported a substantial revenue of RMB 611.7 billion in 2022, highlighting its robust financial health. This success is backed by a sizable workforce of around 170,125 employees who contribute to its ongoing growth and innovation.

Overall, Hengli Petrochemicals exemplifies excellence through its commitment to quality, innovation, and sustainability. Their comprehensive range of petrochemical products, including MEG, makes them a key supplier in the global market.

Lianyungang Petrochemical is a prominent player in China's petrochemical industry, with a key strategic location in Lianyungang, Jiangsu Province. The company, founded in 2009, specializes in the comprehensive utilization of olefins and is recognized as the largest green and low-carbon raw material comprehensive utilization enterprise in China. One of their major projects, the STL Lianyungang Petrochemical Olefins Comprehensive Utilization Project, commenced operations on August 23, 2022, boasting substantial production capabilities including 1.35 million tons of polyethylene (PE) and 2.19 million tons of ethylene oxide (EOE) annually.

The company operates on a vast area of 2,664,000 m² and employs around 750 people. Their top chemical products include Diethylene Glycol, Triethylene Glycol, 1,2-Propanediol, and Styrene. Additionally, Lianyungang Petrochemical is involved in the production of advanced polymer solutions and monomers for polycarboxylate water reducing agents, which are crucial in the construction industry.

Lianyungang Petrochemical places a strong emphasis on sustainability and innovation, incorporating advanced technologies for CO₂ trapping and utilization. The company has established solid export markets, serving regions like North America, Europe, and Asia, highlighting its global trade capabilities. In 2022, the company generated a revenue of 35 billion RMB, reflecting its substantial market presence and operational efficiency.

Lianyungang Petrochemical's commitment to quality and environmental standards is reinforced by awards such as being named a 'National Ecological Industry Demonstration Park' and a 'National Green Chemical Park.' Their focus on energy conservation and reduction of carbon emissions aligns with global sustainability goals, making them a key player in the global petrochemical supply chain.

While Mono Ethylene Glycol (MEG) is not explicitly listed, Lianyungang Petrochemical's extensive range of chemical products and their capacity for large-scale production make it plausible they engage in MEG-related activities, further bolstering their position in the industry.

Shanghai Huayi Group Corporation is a major player in the chemical manufacturing industry, headquartered in Shanghai, China. The company has made significant strides in various chemical sectors, such as coal power, plastics, and rubber products, cementing its status as a leading manufacturer of high-quality materials and chemicals.

Founded in 1990, Shanghai Huayi Group has grown to become a prominent supplier of Mono Ethylene Glycol (MEG), a crucial raw material for the production of antifreeze, polyethylene terephthalate, and other industrial chemicals. The company's extensive product portfolio includes specialty chemicals, petrochemical products, and advanced materials.

Shanghai Huayi exports its products to numerous international markets, including North America, Europe, and Asia, with strategic partnerships with globally recognized companies such as DuPont, BASF, Bayer, Michelin, Cabot, and Arkema. This global outreach is a testament to the corporation's commitment to quality and innovation, underpinned by continuous investment in research and development.

Employing nearly 40,000 people, Shanghai Huayi operates with a strong focus on sustainability and innovation, leveraging cutting-edge technology to boost productivity and ensure the highest quality standards. The company's chemical energy segment is particularly noteworthy, producing methanol, acetate, ester, and industrial gases that cater to various industrial needs.

With annual revenues of approximately CNY 44.18 billion as of 2024, Shanghai Huayi Group Corporation continues to expand its market reach and maintain its leadership position in the chemical industry. The corporation's adherence to strict quality standards and strategic growth initiatives highlights its ongoing success and influence in both domestic and international markets.

Jiangsu Xinlong Group, founded in July 1993, has grown into a significant player in the nonwoven and medical health industries. Headquartered in Haikou, Hainan, China, the company has established a strong reputation for its diverse product portfolio and commitment to innovation. Specializing in high-quality products such as Medical Protection Series, Industrial Wiping Series, and Home Cleaning Series, Jiangsu Xinlong Group caters to various markets worldwide.

The company is also a notable supplier in the textile and chemical sectors, producing non-woven fabrics and phosphorus chemical products. Key offerings include spun-laced fabrics, heat-resistant alloy steel products, and phosphorus chemical products. Additionally, Jiangsu Xinlong Group is recognized for its advanced production lines, including spunlace and melt blown, providing customized OEM and ODM solutions tailored to client needs.

Jiangsu Xinlong Group has a substantial global presence, exporting products to regions such as Europe, North America, Southeast Asia, and others. The company's focus on producing safe, natural, and environmentally friendly products underscores its commitment to sustainability and quality. Over the years, the group has received various accolades, including recognition as a 'Key High-tech Enterprise of the National Torch Plan' and being awarded the title of 'National Large FIRST Class Industrial Enterprise.'

Supporting a workforce of 312 employees and maintaining high standards through certifications like ISO9001 and ISO14001, Jiangsu Xinlong Group continues to innovate and expand its reach. While specific figures for revenue are not disclosed, the company's financial performance remains commendable, reinforcing its position as a leader in the industry.

Lihuayi Group, based in Dongying, Shandong, China, stands as a prominent manufacturing empire with a diverse portfolio that includes petrochemicals, industrial chemicals, fertilizers, plastic additives, and specialty chemicals. Founded in 1997, the company has strongly positioned itself in several markets, catering to international demands with an array of high-quality products.

While Lihuayi Group is widely known for its range of chemicals, its top products notably include petrochemicals such as 2-ethylhexanol (2-EH), butanol, isobutanol, and other vital chemical intermediates used across various industries. The group has shown proficiency and excellence in the production of these chemicals, leading to its reputation for quality and innovation in the field.

The company has established a significant presence in key export markets across Asia, Europe, and North America. This global reach underscores Lihuayi Group's capability to meet international standards and demands efficiently, leveraging its advanced processing capabilities and strategic location in one of China's industrial heartlands.

Lihuayi Group's commitment to innovation is reflected in its ongoing expansion plans, which include new plants for a variety of products like ABS, ethylbenzene, ethylene, propylene, and styrene. These expansion initiatives aim to boost its production capacity and strengthen its market position further.

Moreover, Lihuayi Group is driven by a large and skilled workforce of around 10,000 employees. The company's operational and financial growth is marked by impressive revenue figures, with recent reports indicating a revenue of up to $800 million as of the latest fiscal year, 2023. This robust economic performance cements its status as a leading supplier in the chemical sector.

Although specific information about Mono Ethylene Glycol (MEG) production by Lihuayi Group is not detailed here, the company's extensive capabilities and emphasis on chemical manufacturing suggest a potential involvement in the broader glycol market.

Zhejiang Xinhua Chemical Company, established in 2008 and with roots dating back to 1967 through the Xinanjiang Fertilizer Factory, is a distinguished player in the chemical industry. Located in Zhejiang province, China, the company has carved out a reputation for producing and exporting a wide range of high-quality chemical products. Their specialization spans several chemical series, including Organic Amine series, Aroma chemical series, Peroxide series, and Synthetic Ammonia series.

Xinhua's extensive product portfolio includes isopropylamine, monoethylamine, diethylamine, triethylamine, isopropanol, and hydrogen peroxide. Although primarily focused on the domestic market in Mainland China, the company also exports its products to more than 20 countries and regions globally. Major export markets include North America, Europe, and Southeast Asia.

With a commitment to quality, Xinhua adheres to rigorous internal and international standards. It is noteworthy for being the first in its industry to achieve certifications such as ISO 9001, ISO 14001, and GB/T 28001. The company also stands out for its strategic focus on People Oriented, S&T Innovation, Integrity Management, and Sustainable Development.

Among its top products, Mono Ethylene Glycol (MEG) is essential for various industrial applications and reflects the company's ability to meet diverse market demands. Additionally, Zhejiang Xinhua Chemical Company emphasizes environmental sustainability and safety, working toward being a "Healthy, Safe, Green, and Environment-Friendly" enterprise.