The Shandong Huaxing Petrochemical (Group) Co won a 2012 Meritorious Enterprise award, recently, for the town of Dawang, where it’s located. The award came at a town meeting on the economy and was the second time Huaxing has won it, in two years running, and recognition of Huaxing’s success in further reforms and development over the past year and a way to push the company to contribute more in the coming year. It also marks a new starting point for development and a stimulus to play a better role as an industry leader, using every opportunity to promote rapid development of the town and its economy.