May 14, 2025 –
Rongsheng Petrochemical has made a remarkable leap in the global chemical industry landscape, securing the fifth position in Brand Finance’s “2025 Global Most Valuable Chemical Brands” list. The company’s brand value surged by 6% year-on-year, reaching an impressive $3.2 billion, marking a significant milestone in its brand journey.
Since its debut on the list in 2020, Rongsheng Petrochemical has witnessed an astonishing growth in brand value, boasting a compound annual growth rate (CAGR) of 18%. This remarkable achievement positions the company as one of the fastest-growing brands in the global chemical sector, underscoring its robust strength and extensive influence in the industry.
As a leading global producer of chemical materials, Rongsheng Petrochemical operates the world’s largest single-site refining and petrochemical integrated project—a 40 million-ton-per-year green petrochemical base with a chemical production capacity of 60 million tons. The company holds a pivotal position in polyester, new energy materials, engineering plastics, and high-value-added polyolefins, being the world’s largest producer of chemicals such as PX and PTA, and ranking among the top globally in the production capacity of polyethylene, polypropylene, and other products. Currently, Rongsheng Petrochemical ranks fifth on the global most valuable chemical brands list, sixth in the global chemical companies’ “billion-dollar club,” and eighth among the top 100 global chemical enterprises.
In the realm of Environmental, Social, and Governance (ESG), Rongsheng Petrochemical has also achieved notable milestones. According to Color Masterbatch Business Network, the company’s MSCI ESG rating was upgraded to BBB in 2024, surpassing the global petrochemical industry average in areas such as carbon emission reduction, water resource management, and corporate governance. This upgrade not only enhances the company’s international recognition and competitiveness but also provides strong support for its business collaborations with international partners and attracting global capital.
Rongsheng Petrochemical remains committed to advancing its globalization strategy, continuously enhancing its influence in the global market through technological innovation and international cooperation. The company will focus on R&D innovation in high-end chemical new materials and the transition towards green and low-carbon operations, further solidifying its leading position in the global chemical industry and contributing to the high-quality and sustainable development of China’s petrochemical sector.
Moreover, Rongsheng Petrochemical is actively developing new projects and capacities to inject fresh vitality into the enterprise. Recently, its subsidiary, Zhejiang Petrochemical’s New Materials Division, successfully achieved a one-time startup of the Polymer Polyol Unit POP2# at the Bisphenol A Rubber Polyether Department, smoothly producing qualified product SP45. This achievement not only highlights the company’s strong capabilities but also brings new opportunities for industry development.
The Polymer Polyol Unit is a strategic decision made by Zhejiang Petrochemical to adapt to market demands and enhance its core competitiveness. The unit’s production of polymer polyols can be used to manufacture high-load or high-modulus soft and semi-rigid polyurethane foam plastic products, facilitating the production of low-density yet high-load-bearing foam plastics that meet hardness requirements while saving raw materials.
To ensure a smooth startup, the Bisphenol A Rubber Polyether Department formulated detailed startup plans and emergency response protocols in advance, organizing multiple training sessions and simulation drills for technical personnel. During the startup period, various departments collaborated closely, meticulously operating and strictly monitoring every step from equipment debugging to material introduction. After several days of continuous efforts, the new unit was successfully started up, with all product indicators meeting expected standards.
The successful startup of the POP2# unit will further enhance Zhejiang Petrochemical’s production capacity and market share, optimize its product structure, and bring significant economic and social benefits to the enterprise. Simultaneously, it sets a new benchmark for technological advancement and development in the industry. Looking ahead, the Bisphenol A Rubber Polyether Department will continue to uphold the development philosophy of “innovation, efficiency, greenness, and mutual benefit,” increasing technological innovation and R&D investments, elevating enterprise management levels and overall competitiveness, providing customers with superior products and services, and making greater contributions to local economic development.