Yantai, China – Yantai Wanhua Polyurethanes Co. Ltd has changed its company name to Wanhua Chemical Group Co. Ltd to "reflect the expansion of its business scope", the company said.
Wanhua Chemical's business focuses on its core MDI (methylene diphenyl diisocyanate) and related polyurethane activities, with over 1.2 million tonnes per year of capacity across the world. It also has plants and technology for HDI (hexamethylene diisocyanate), HMDI (hydrogenated MDI), polyols and thermoplastic polyurethanes.
Wanhua Chemical said its name change is also congruent with the company's strategy of operating outside of China. It is currently seeking additional assets and operations outside of the country.