MOSCOW (MRC) -- The Chinese Wanhua Chemical Group has announced the formation of the new business division "Performance Chemicals Business Unit", as per GV.
According to the company, the newly formed division consolidates the previous ADI and Specialty Amines business units to further strengthen its core competencies in the production and marketing of aliphatic isocyanates, speciality amines and other chemicals.
The "Performance Chemicals Business Unit" will concentrate on developing, manufacturing and marketing speciality chemicals. Currently, the product portfolio includes aliphatic diisocyanates (HDI, HDI adducts, HMDI, IPDI and H6XDI), speciality amines (MDA, MDBA, H12MDA, IPDA and PU catalysts), silicone and other chemicals (IP, MIBK, CDT).
"In the 2016, Wanhua Chemical’s independently developed IP, IPDA and IPDI plants went into operation successfully. Wanhua Chemical became the first Asia based company and second globally to participate fully in the 'IP-IPN-IPDA-IPDI' value chain. Now, Wanhua Chemical can provide IP,IPDA and IPDI products to the market. Wanhua Chemical is the only Chinese company that owns the HDI, HMDI and IPDI production technologies," said Dr. Ding, general manager of the Performance Chemicals Business Unit. "Technological innovation is Wanhua’s core competitiveness. Performance Chemicals business unit will combine the innovation strength and production resources from the previous business units, continue to develop high value-added new performance chemicals and to provide high quality speciality chemicals for our customers."
Currently, the Performance Chemicals Business Unit operates production plants in Ningbo, Yantai and the Czech Republic. Technical service centres are located in Yantai and Ningbo, China, in Budapest, Hungary, and in Huston, TX, USA, providing comprehensive technical support globally and developing new products and solutions to serve the needs of the markets.
As MRC reported before, at 17:22 p.m., Sep 20th, 2016, an explosion attacked one of Wanhua Chemical's intermediate buffer tank of crude MDI at its Yantai industrial park, killing 4 people and wounding another 4. According to on-side detection, the explosion had no pollution to nearby environment and no secondary disaster was reported.
Earlier, on 1 July 2015, Yantai Wanhua started a new propane dehydrogenation (PDH) unit. Located in Shandong, China, the plant has a propylene production capacity of 750,000 mt/year.
MRC