China's Wanhua Chemical Aims to Contribute 36% of Global TDI Capacity by 2025

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.

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