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.
Shanghai Lianheng Isocyanate has competed expansion of its crude MDI capacity from 240 kT/year to 350 kT/year and expects it to be operational by the year end, according to the company.
Dongyuan Scien-Tech in September started construction of its 200kT/year 1,4-BDO facility, the second phase of its 300kT/year BDO plant
Hongbaoli had a successful trial run of its 30kT/year specialty polyether polyol project in late September, according to the company.
Polyurethane leather developed and made by Anhui Anli Material Technology was used in the seats of delegate transportation vehicles for the G20 Summit
Water-based chemical company SciSky started up China’s first water-based PU condom production line in August
China raised its isocyanate production in 2015 with lowered imports, according to a paper presented at the CPUIA summer conference.
Xuchuan Chemical (Suzhou) saw its 2015 revenue jump 20% to over CNY 4bn ($602m), driven by its shoe sole resin and polyester polyol businesses