HW PETROCHEM is Haiwei Group's subsidiary company, as a large-scale petrochemical industry project, concentration of advanced polypropylene manufacturing with upriver and downriver products, such as propylene and BOPP /VMCPP films etc. HW PETROCHEM was invested and built in August 2014. The total project cost was estimated at appraisal to be US$4.6 billion, and covering an area of 660 acres which is located at Hengshui city about 300 km away from Beijing, and 180 km away from Tianjin Port.