Welcome to Everglory
We would like to introduce you to Everglory Group, a multinational company which has established its headquarters in Hong Kong and which engages in the trading and investment of petrochemical products.
We have a wide network of global partners and long-term contracts with petrochemical suppliers in North America, Middle East and Asia. Specifically, the company is a major olefin and LPG supplier in the Asia Pacific region with branches in Tianjin, Shanghai, Shenzhen, Macao, and Australia. Its trading turnover has reached three billion USD annually.
Founded in 1992, Everglory is the pioneer of the petrochemical business in China and has established itself as a reputable company with excellent achievements and services.
In 1996, being the first propylene importer in China, Everglory successfully developed the propylene trading business at its domestic base in Tianjin.
Since 2000, Everglory has been actively involved with the breakthrough development of the Bohai petrochemical industry in Tianjin. Our produces have included from upstream fuel oil to downstream polyolefin, as well as chlor alka, plasticizer and other materials. Everglory continues to rapidly expand its trade products in the petrochemical industry chain.
At the same time, Everglory has also strengthened its logistics and warehousing facilities for liquid chemical trading, and has become one of the largest propylene traders in China.
Our venture partner, the Tianjin Vastrade Yongli Chemical Co.,Ltd was founded in 2008. It formed as a joint venture between Tianjin Bohai Chemical Industry Group and Everglory at Tianjn LinGang Harbour Industry Park(TLIP). The Tianjin LinGang Harbour Industry Park, being one of the national-level petrochemical bases, was planned by National Development Reform Committee.
In order to cater to the growing demand in resources and logistics coming from TLIP, Vastrade Yongli built a storage tank yard with a total capacity of 119,200CBM. The tank yard consisted of eleven 2,500 CBM propylene pressure tanks- which is the largest storage tank yard in China. In the meantime, an 130kt/a DOP plant was also built by Vastrade Yongli and has been operating since the first quarter of 2010.
Nowadays, Everglory’s businesses are diversified in multiple areas-such as manufacturing, storage and logistics services, chemicals and energy trading, real estate, and general investments. The aim of its diversification efforts is to ensure the company’s continued growth and its contribution to the economic development of China.
After years of market cultivation, Everglory has established strategic alliances with leading partners throughout Northeast Asia such as, Mitsui, Marubeni, Sumitomo, Showa Denko, Exxon Mobil, YNCC, LG and Hyundai Oilbank.
Nowadays, Everglory has diversified its business investments into manufacturing, storage and logistics services, chemicals and energy trading, real estate and investment- so as to evolve with the economic development of China.