Shanghai Huayi Group Corporation Limited

Shanghai-based chemicals maker of methanol, acrylics, and truck tires

What Shanghai Huayi does

Shanghai Huayi Group makes basic chemicals such as methanol, acetic acid, and ethyl acetate, which are used in industries including medicine, farming, construction, textiles, and electric vehicles. It also makes truck and passenger car tires, and sells acrylic chemicals under the Yaxing brand for paints and fibers. It runs supporting infrastructure too, including utilities, rail lines, and terminals and vehicles for hazardous chemicals.

How Shanghai Huayi makes money

It earns most of its revenue by selling commodity and specialty chemicals and tires to industrial customers. It also earns some income from utilities (water, power, steam) and hazardous-chemical logistics services.

Products & services

• Methanol and acetic acid
• Ethyl acetate and synthesis gas
• Yaxing acrylic acid and acrylate esters
• All-steel radial truck tires
• Passenger car tires
• Hazardous chemical logistics and utilities