Chinese polyurethane mattress and pillow maker Healthcare Co. said in June it is to set up a plant in Knoxville, Tennessee.
Zhangjiagang, Jiangsu – Changhua Chemical Technology started partial operation on its second polyol plant in June.
Chinese president Xi Jinping visited Wanhua’s site in Yantai, Shandong on June 13 during a tour of the province.
Administrators at financially troubled fridge maker Frestec have ordered the company to sell assets to meet creditors demands.
Additive maker Hengguangda Polyurethane Material expects its new plant in Nantong, Jiangsu to come on full stream within two months.
Bluestar Dongda plans to build a new polyether polyol project in Nanjing, Jiangsu with 270kT/year capacity.
Wanhua’s proposed take over of its controlling shareholder Wanhua Chemical Industry (WCI) is being scrutinised by the Shanghai Stock Exchange.
China’s largest polyurethane surfactant maker Jiangsu Maysta Chemical reported CNY 51m ($8m) net profit in 2017, down by 26% from 2016. Revenue rose 7% to CNY 301m.
Zhuzhou Times New Material Technology (TMT) has developed a 2.2 MW wind turbine rotor blade using polyurethane resin.
Chinese appliance maker Hisense Group is set to take control of Slovenian white-goods maker, Gorenje.