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Researched by Industrial Info Resources (Sugar Land, Texas)--China's Wanhua Chemical is mainly engaged in the polyurethane business, and the company currently has four toluene diisocyante (TDI) production bases globally, with a total production capacity of 950 kilo-tons per annum (KTPA). This includes 300 KTPA in Yantai, 250 KTPA in Fujian, 250 KTPA in Hungary, and 150 KTPA at a former Juli Group plant.

Wanhua Chemical is preparing to launch its Phase II 330-KTPA TDI project in Fujian, and it is likely to start operating in 2025. It is estimated that global TDI capacity will reach 3.515 million tons per annum after the completion of Wanhua's Phase II project, when the company's global TDI market share will reach 36%, according to polyurethane market research platform PUdaily.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here to read a detailed project report.

Industrial Info is tracking 44 active chemical projects invested by Wanhua Group, valued at US$11.39 billion, in China. Subscribers can click here for a full list of projects.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).

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