Wanhua posted a 96% year on year rise in its 2017 H1 sales to CNY 24.4 bn ($ 3.6 bn); net profit over the same period jumped 255% to CNY 4.9 bn.
China’s Tianye Group is to build an ethylene glycol plant in its headquarter city Shihezi, Xinjiang with 1mT/year capacity.
China’s Anli in July announced a preliminary plan to build a polyurethane leather plant in Bình Dương province, Vietnam.
Huntsman and Sinopec’s propylene oxide /methyl tertiary butyl ether (PO/MTBE) plant in Nanjing, Jiangsu had a successful trial run in July, according to report by local newspaper Nanjing Daily on July 17
Wanhua has been fined and employees have been penalised as a result of an investigation report on the explosion at its Yantai site on 20 September 2016.
Huike High Polymer Materials is planning to start up a project with 4kT/year polyol system capacity and 2kT/year modified isocyanate capacity, according to the project’s environmental filing.
BASF and China’s leading household appliance maker Haier are opening up an innovation lab for polyurethane-based products
System house Hongbaoli signed partnership agreements with BASF (China) and separately with refrigerator maker Hisense on 12 June,
China’s tire maker Himaxer has started trial production at its 1.2m unit/year polyurethane tyre project in Yunfu, Guangdong.
Huide New Materials is planning to build a new plant for PU resin, TPU and other products in Ningde, Fujian,