Hengshen Group: Entering Europe to promote win-win

Private enterprises in Fujian Province give full play to Fujian's unique location advantages and their own advantages in technology, management and capital, and actively participate in the construction of the "Belt and Roa.

Hengshen Holding Group was born in 198 After 35 years of development, it has become a modern enterprise group consisting of Shenyuan New Materials, Hengshen Synthetic Fiber, Liheng Nylon, Liyuan Nylon and many other entiti.

Reverse takeover achieves leapfrog development

"Through this acquisition, Hengshen has taken the lead in opening up the complete industrial chain of cyclohexanone-caprolactam-polymerization-spinning-texturing-warping-weaving-dyeing and finishing, and has the most cutting-edge production technology in the field of caprolactam, making up for many of China's The technological gap has broken the situation that the related technology is controlled by others, realized the all-round control of the entire nylon industry chain, and greatly enhanced the pricing power of Chinese enterprises in the caprolactam fie.

Hengshen acquired the former DSM European plant of Fubond Europe with an annual production capacity of 280,000 tons of caprolactam, a production plant of 320,000 tons of phenol-cyclohexanone, and a production plant of 400,000 tons of caprolactam in the Nanjing plant of Fubo.

In September 2015, DSM needed to divest its caprolactam business due to strategic transformation considerations, so it sold a 65% stake in caprolactam to CVC Equity Fu.

"The cooperation between Hengshen and Fubond has a good foundati.

Innovation Builds Core Competitiveness

"Hengshen continues to strengthen its innovation and research and development capabiliti.

Since the establishment of the company, Hengshen has established a research and development strategy of "cost first, joint research and development", with the enterprise as the main body, the market as the guide, product development as the leader, and development in the three directions of differentiation, functionalization and high added val.

The strong R&D strength has made Hengshen Holding Group fruitful in scientific resear.

In addition, Hengshen Holding Group also cooperated with Xiamen University Graphene Industry Research Institute to apply graphene to nylon 6 fiber materia.

"Going out" to embrace the global market

Not long ago, Hengshen Holding Group entered the "Top 500 Chinese Enterprises" for the first time with its stable growth performance and sustainable development ability, ranking 428th and 207th in the "Top 500 Chinese Manufacturing Enterprise.

"From July 2017 to the first half of this year, Shenyuan used all caprolactam for its own use, and 95% of ammonium sulfate products were exported to overseas marke.

"In the future, Hengshen will continue to invest in the construction of the Shenyuan Phase II project to further expand the effect of industrial clusters and drive the prosperity and development of related industries in Kemen Po.