Qixiang Tengda listed on Top 100 Shandong Petrochemical Enterprises List 2019

2019-10-21 18:46:00

On 16 October 2019, the 8th China Chemistry Industry-University-Research Summit Forum organized by Shandong Science and Technology Department, Qingdao University of Science and Technology, and Zibo Municipal Government, was held in Zibo, Shandong. On this summit, Shandong Chemistry Information Center and China Chemical Industry Information Association jointly released Top 10 Corporations of Chemical Industry List and Top 100 Shandong Petroleum and Chemical Corporations List. Qixiang Tengda, a key coporation majoring in new chemical materials under Cedar Holdings made into both lists.


Other than that, 2018-2019 Shandong Chemical Elite Role Model List was published at the same time. Winners were selected based on the following criteria: management capability, innovation ability, vision, influence on the relevant industry, personal reputation and contribution to public welfare. Che Chengju, Chairman of the Board and General Manager of Qixiang Tengda was awarded.
On the summit, discussions were conducted over influences from newly adjusted FTZ (free trade zone), opportunities presented by rapid growth of the Belt and Road economy for petrochemical industry and market-oriented green technology innovation system constructed under national policies. It is expected that in doing so, ideas could be generated for transformation and upgrade of chemical corporations. In-depth analysis was done over hotspots and difficulties that are of petrochemical enterprises concerns. These constitute efforts in helping corporations and industrial parks to identify opportunities and directions for growth and high-end chemical sector to achieve quality development.
In recent years, thanks to Cedar Holdngs as a staunch supporter, Qixiang Tengda has noticably picked up its pace in high value-added fine chemical products manufacturing and quality expansion in new chemical products area.   Not long ago, cornerstone laying ceremony of TCC nylon and new materials industrial base construction with an annual capacity of 1 million mt was initiated in Zibo Qilu Chemical Industrial Park. Once completed, it is expected to become the first ADN industrial production project in China.
On 2019 Fortune China 500 list released in July, Qixiang Tengda ranked 302nd, 32 spots up from the previous year. Currently, Qixiang Tengda is working on technology breakthrough in key areas. It aims to become a world-class corporation covering the whole chemical industrial chain and thrust China fine chemical & new materials sector into the global top tier.

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