The Ton of money International 500 listing for 2023 was released the other day. Suzhou has three firms that made the checklist. They are Hengli Group, Shenghong Holding Team Co., Ltd., and also Shagang Team.
With a total turnover of $90.944 billion, Hengli Group is ranked 123rd, making it to the Global 500 listing for seven years straight. As the very first international business that has a complete production chain in petrochemicals and fabrics, Hengli Team has established eight production bases and 9 industrial parks across the nation, creating a series of premium production ability in oil refining, petrochemicals, fine chemicals, polyester materials, textiles, as well as heavy machinery. It has new products production bases in Suzhou and also Nantong in Jiangsu District in addition to Yingkou and also Dalian in Liaoning District. The team additionally intends to develop a lithium-ion battery separator project covering an area of 3.44 billion square meters as well as an eco-friendly new products job.
Shenghong Holding Team Co., Ltd., with a turn over of $61.251 billion, goes up 19 locations to 222nd this year and gets on the list for the fourth straight time. It is an international sophisticated team with an entire commercial chain in oil refining, brand-new power, brand-new products, and high-end fabrics. Today, it has completely developed a special development version in the country that the oil, coal, and also gas create at the same time and fragrant hydrocarbon and alkene are advertised at the same time, incorporating upstream and also downstream advancement.
Shagang Team has a turn over of $42.784 billion. It has been placed amongst the Ton of money Global 500 listing for 15 years back to back as well as is placed 348th this time around. As a national super-huge industrial venture and also a nationwide cutting-edge business, Shagang now has an overall asset of 300 billion yuan and also an annual production capacity of over 40 million bunches. Its products are extensively used in aerospace, nationwide protection, armed forces, nuclear power, wind power, and also sea engineering industries.
