The Ministry of Industry and Information Technology issued its 2014 Overview of the Chemical Industry on 27 February 2015, stating the industry is making progress in transformation, with steady production growth and export momentum but a slowdown in revenue and investment growth.
Tayho Advanced Materials is trial running a 10kT/year elastane project at Yantai Economic & Technological Development Area, where the company is based.
Haier’s 250,000 unit/year refrigerator plant at Kama Industrial Park “Master” in Russia’s Tatarstan is scheduled to open in April 2016.
Lvyuan New Material (Shenyang) is financing for a 6m ㎡/year with investment estimated at RMB120m ($19m), according to a notice by Tieling Hi-tech Industrial Development Zone posted in February 2015.
Huafon’s 30kT/year elastane facility in Chongqing finished trial run in February 2015 and started operation
Rumours suggest that China is considering merging two of its state oil companies international press reports suggest
Xinxiang Chemical Fiber started installation of its 20kT/year elastane fibre project in December 2014.
Chiyuan Chemical’s 60kT/year BDO and 46kT/year PTMEG facilities have been ready for service and will start operation presently.
Wanhua Chemical is taking steps to significantly expand the global footprint of its aliphatic isocyanate business by, among other activity, debottlenecking the existing manufacturing facilities.
Wanhua has signed engineering design and procurement contracts for its Bajiao Lingang industrial park-based 300kT/year TDI (toluene diisocyanate) facilities with Hualu Engineering and Technology.