Wanhua Chemical released its 2014 first quarter results in April, reporting a 7.5% rise on year in revenue to RMB5.1bn ($822m). Its net profit during the first three months went up 1.5% to RMB753m.
Wanhua Chemical Group released its 2013 annual report in April. In 2013 Wanhua’s net profit jumped 23%
Hyosung Spandex (Guangdong) has started an environmental impact assessment for the fourth phase of its expansion.
Liming Research Institute of Chemical Industry announced in April 2014 it has completed the development of new polyurethane materials designed for use in load-bearing wheel
China Polyurethane Industry Association (CPUIA) said in March that the country has become the world’s biggest PU product maker.
Bayer MaterialScience (BMS) broke ground on its new 50kT/year HDI facility at Bayer Integrated Site Shanghai (BISS) on March 24, 2014
Fujian Southeast Electrochemical (FSE) finished its phase-one capacity expansion project in January 2014 with a 100kT/year capacity for TDI.
Beijing Oriental Yuhong Waterproof Technology broke ground in February 2014 on its new PU and polyurea manufacturing base
Taizhou, Zhejiang — The government of Wenling township, Taizhou, Zhejiang province has closed down over 4,000 small shoe manufacturers that do not meet the required fire protection standards since a fire in a local shoe company caused 16 deaths in January 2014. Wenling has been a major shoe manufacturing base in China with 6,000 shoe manufacturers […]
Wanhua Industrial Group said it has no plans to merge its Wanhua Chemical subsidiary with Hungary’s BorsodChem in 2014.