The hottest polyurethane raw material production b

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Shanghai will build a polyurethane raw material production base that greatly improves the stability of products

Shanghai Caojing Chemical Industry Park will build a world-class mdi/tdi production base with a total investment of US $1billion. After completion, it will save us $250million in foreign exchange for importing MDI for China every year

MDI (diphenylmethane diisocyanate) and TDI (toluene diisocyanate) are the main raw materials of polyurethane, an important product in the applied chemical industry. Polyurethane has the characteristics of high strength, corrosion resistance, compression resistance, oil box, flexibility and portability, which can replace wood and steel. It is widely used in the shoemaking industry, home appliance industry, construction industry, automobile industry and furniture manufacturing industry. The average annual growth rate of MDI market demand in China is 13%

this project is called Shanghai polyisocyanate project. It will become one of the four largest MDI plants in the world and the first world-scale MDI plant in Asia

Shanghai polyisocyanate project includes a crude MDI plant, a TDI plant, a production plant of aniline and nitrobenzene upstream of MDI, a plant of nitric acid and dinitrotoluene upstream of TDI, and their respective finished product plants. After the project passes the relevant approval procedures and obtains the business license, it will be completed and put into operation at the end of 2004. At that time, it will produce 160000 US dollars a year, which has become a trend. Tons of crude MDI, 130000 tons of TDI, 160000 tons of aniline, 240000 tons of nitrobenzene and 245000 tons of nitric acid can be produced every year

the proportion of Chinese and foreign investment in this project is 30:70, with six companies participating: Huntsman, BASF, Sinopec, Gaoqiao Petrochemical, Shanghai Huayi and Shanghai chlor alkali. Among them, Huntsman is the largest private chemical company in the world, with an annual turnover of US $8billion, and BASF is a multinational chemical giant with a history of 135 years, with an annual sales of US $3.4 billion. Six chemical companies will submit project feasibility reports to the Shanghai municipal government this week, and then to the State Planning Commission

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