Wanhua

NEW at PIE: Spot and contract price reports for the precursor / Supply situation in Europe remains tight; prices likely to remain high / Numerous expansions planned in Asia

China to lead world's capacity additions / India another key contributor / Price pressure on the European market continues

China engineering thermoplastics July 2023: Weak demand pushes PA 6.6, PMMA, PBT prices lower / Other grades supported by higher feedstock prices or higher demand / August seen bullish

Sales more than double at Turkish PU firm / Plant expansion continues after IPO / TPU distribution for Wanhua

Final stage of North American MDI upgrade / Capacity doubled from 2016 / Feedstock made from shale gas

Consultant Brand Finance rates “most valuable” and “strongest” chemical brands / BASF, DuPont, Rongsheng, and Ineos in prominent positions

Westlake Vinnolit lifts force majeure / Slight improvement in European supply situation / Supply disruption from Ukraine

Major hikes for isocyanates, polyols in March, April

Supply situation for TDI and polyols critical / “Tremendous procurement problems” for processors / Hardly any imports due to shutdowns of US plants

Polyurethane Feedstocks April 2019: MDI firms / TDI decline continues / Building boosts insulation / Auto slump dogs flexible foam demand

China Standard Thermoplastics November 2017: Market prices of most polymers in China rise / Low inventory levels / LDPE and PVC are exceptions / Imported and domestic feedstock costs increase

MDI: Covestro cancels pan-European force majeure / Supply shortage will continue / Maintenance at Brunsbüttel

Acquisition of IFS Chemicals completed / Deal strengthens downstream PU capabilities / MDI production in Rozenburg restarted

Europur reports good performance last year / EU imports surge as exports fall / Study extended to include Russia and Turkey

Despite overcapacities, plans to lift output in Asia / Global consumption stands at 4m t/y / Decline in optical data storage devices pressures sector / Market unsettled by BPA controversy / Opportunities for lighting technology and automotive applications

MDI plant in Chongqing starts up / Output to be ramped up gradually "in line with demand"

French distributor buys chemical trading business of Bulgaria's Chimsnab / Majority stake in US speciality chemicals distributor ChemSpec acquired / Part of strategic expansion plans

New TDI line in Dormagen now officially on stream / Position as global market leader reinforced

Polyurethane feedstocks in November 2012: Slight uptrend for TDI, rigid polyols / Weak rollover for MDI, flexible polyols / Maintenance helps cushion demand softness / Prices could stay firm into New Year

“UTech Europe Exhibition and Conference” in Maastricht