Linyi Hengchang CoKing Chemical Industry Co., Ltd was founded and built by Shagang Group and Linyi Hengchang Coal Industry Co., Ltd. It is a coal chemical Industrial company, located in Luozhuang District, Linyi City.

This company has formed a production scale of 1.3 million tons of coke, 130,000 tons of methanol, 50,000 tons of tar, 18,000 tons of crude benzol, 20,000 tons of ammonium sulfate. It was one of the fifth batches of companies which entered into the coal chemical industry permission list in 2010, and was regarded as Provincial Enterprise Technology Center of Shandong, Advanced Enterprise for Energy Conservation of Linyi City, Advanced Enterprise for Intellectual Property, Innovative Technology Enterprise of Luozhuang District and other honorary titles.