The Urethane Blog

Everchem Updates

VOLUME XXI

September 14, 2023

Everchem’s Closers Only Club

Everchem’s exclusive Closers Only Club is reserved for only the highest caliber brass-baller salesmen in the chemical industry. Watch the hype video and be introduced to the top of the league: read more

December 22, 2022

Wanhua Expansion

Wanhua Chemical Group: MDI equipment with annual output of 400,000 tons successfully operates

NBD

22, December, 2022,17:48 GMT+8

NBD AI Bulletin – Wanhua Chemical Group Co Ltd (SH 600309, close price: 91.57 yuan) on December 22 said that the MDI equipment of the company’s majority-owned subsidiary Wanhua Chemical (Fujian) Isocyanate Co Ltd, which has an annual output of 400,000 tons, on December 22, 2022 produced qualified products, achieving successful operation in the first attempt.

In the first half of 2022, the operating income of Wanhua Chemical Group came from chemical raw materials and chemical manufacturing (99%), other industries (0.71%).

Wanhua Chemical Group Co Ltd’s chairman is Liao Zengtai, male, 59 years old, with a master’s degree; The general manager is Kou Guangwu, male, 56 years old, with a master’s degree.

As of press time, the market value of Wanhua Chemical Group Co Ltd was 287.5 billion yuan.

http://www.nbdpress.com/articles/2022-12-22/44070.html

December 22, 2022

Wanhua Expansion

Wanhua Chemical Group: MDI equipment with annual output of 400,000 tons successfully operates

NBD

22, December, 2022,17:48 GMT+8

NBD AI Bulletin – Wanhua Chemical Group Co Ltd (SH 600309, close price: 91.57 yuan) on December 22 said that the MDI equipment of the company’s majority-owned subsidiary Wanhua Chemical (Fujian) Isocyanate Co Ltd, which has an annual output of 400,000 tons, on December 22, 2022 produced qualified products, achieving successful operation in the first attempt.

In the first half of 2022, the operating income of Wanhua Chemical Group came from chemical raw materials and chemical manufacturing (99%), other industries (0.71%).

Wanhua Chemical Group Co Ltd’s chairman is Liao Zengtai, male, 59 years old, with a master’s degree; The general manager is Kou Guangwu, male, 56 years old, with a master’s degree.

As of press time, the market value of Wanhua Chemical Group Co Ltd was 287.5 billion yuan.

http://www.nbdpress.com/articles/2022-12-22/44070.html

Falls 1c/lb to $0.305/lb

Falls 1c/lb to $0.305/lb

Germany opens first LNG terminal as it curbs reliance on Russian gas

17 December 2022

Berlin, Dec 17 (EFE).- Germany launched its first floating Liquefied Natural Gas (LNG) terminal, which was constructed in record time, as the country continues to adapt to cut its dependence on Russian energy sources.

The Hoegh Esperanza specialist vessel, traveling from Spain, docked at the Wilhelmshaven port on Saturday morning amid gelid temperatures and freezing fog.

(L-R) German Economy and Climate Minister Robert Habeck, Chancellor Olaf Scholz and Finance Minister Christian Lindner stand in front of the ‘Hoegh Esperanza’ Floating Storage and Regasification Unit (FSRU) during the opening ceremony of Germany’s first LNG (liquefied natural gas) terminal in Wilhelmshaven, Germany, 17 December 2022. EFE/EPA/LARS-JOSEF KLEMMER / POOL

“It is the first of five LNG terminals planned to replace Russian gas and ensure that no home is left without supply,” Chancellor Olaf Scholz said in a brief statement at the opening of the terminal in the North Sea.

“We have built it in record time, an example of the new ‘German pace’ in decision-making and execution,” he added.

The Hoegh Esperanza, a floating storage and regasification unit, arrived at the German port on Friday carrying 167,000 cubic meters of liquified gas sourced from a plant in eastern Spain.

Scholz’s government named Uniper, a German energy company, as the operator of the terminal which is expected to start providing gas to the nation on December 22.

According to Uniper, each vessel can transport 170,000 m³ of liquefied gas and thereby supply 50,000–90,000 German households, roughly up to 8% of Germany’s annual consumption.

“This goes to show what Germany is capable of and it could be the blueprint for other projects of the energy transition,” Klaus-Dieter Maubach, Uniper CEO, said in a statement.

Once the remaining four terminals, which are still under construction or awaiting a license, are operational, a third of Germany’s energy needs would be met. EFE