March 13, 2025 – Amidst profound shifts in the global polypropylene industry’s supply-demand dynamics, Jinneng Chemical (Qingdao) Co., Ltd., a wholly-owned subsidiary of Jinneng Technology Co., Ltd., has harnessed its forward-thinking strategic layout and continuous technological innovation to transform overseas markets into a new engine for corporate growth. Since the beginning of 2025, Jinneng Chemical’s polypropylene exports have surged, surpassing the 40,000-ton mark in the first two months, with annual exports poised to set a new record, exceeding 200,000 tons. As domestic polypropylene manufacturers accelerate their overseas expansion, Jinneng Chemical, leveraging its massive 1.8 million tons of propane dehydrogenation (PDH) and 1.35 million tons of polypropylene capacity, has precisely capitalized on structural shortages in emerging markets such as Southeast Asia and South Asia. Concurrently, the company is expanding its footprint in mature markets including Africa, South America, and East Asia (Japan and South Korea), establishing a diversified export portfolio.
According to Color Masterbatch Industry Network, Jinneng Chemical, a leader in the global polypropylene sector, continuously enhances its product differentiation through superior technical prowess. The company has successfully developed a range of high-value-added products tailored to meet the demands of automotive lightweighting, new energy battery packaging, and other high-end applications. Furthermore, Jinneng Chemical leverages the strategic location of Qingdao Dongjiakou Port to construct an efficient logistics system, enabling “direct-from-factory-to-overseas-terminals” delivery, significantly reducing logistics costs by 60 yuan per ton.
In addition, the company adeptly employs hedging strategies to mitigate market price fluctuations and actively explores cross-border RMB settlement models, innovating product pricing mechanisms. The company’s leadership asserts that Jinneng Chemical will unwaveringly advance its global strategic layout, aggressively tapping into international markets, and striving for steady growth in polypropylene exports. This strategy aims to inject new impetus into the company’s performance while contributing Chinese energy to the sustainable development of the global polyolefin industry.