Uoli Investment Holding, one of China’s largest PU elastomer makers, partially suspended production at two of its subsidiaries in Wuxi, Jiangsu in December.
Beijing Comens New Materials announced in December its plan to fully take over Huasen Rubber and Plastics at CNY 910m ($131m).
Panasonic announced in December it is to start local production of refrigerators in India, according to a press release.
Connell Chemical is planning to build a 400kT/year MDI factory in Fuzhou, Fujian,
Hongbaoli announced in November it has signed agreement to acquire a 12% stake in TPU film maker Xionglin New Material Technology.
Lubrizol Specialty Chemicals Manufacturing (Shanghai) is planning to increase its TPU pellet capacity by 10,700 tonne/year,
Huntsman inaugurated its campus in Shanghai’s Minhang Economic & Technological Development Zone on 16 November.
China’s TDI price more than tripled from August to October 2016, peaking at CNY 50,000 ($7,360)/tonne, and has fallen back to less than 40,000/tonne in nearly November.
Wanhua Chemical announced Liao as new chairman at its controlling shareholder Wanhua Industrial, taking the posta week later at the listed arm.
Wanhua Chemical posted its Q3 results with net profit over the first nine months soaring 74% year on year but MDI suspended in Yantai.