Wanhua Starts TDI Plant

Wanhua’s 250kT TDI Facility in Fujian Starts Production, Phase II 300kT TDI Project is Around The Corner

PUdaily | Updated: May 24, 2023

On May 22, 2023, Wanhua Chemical successfully started its 250kT TDI facility in Fujian with producing qualified products, marking another breakthrough in the TDI industry, according to the company announcement. With this, Wanhua now has four TDI production bases globally, with a total production capacity of 950 ktpa, including 300 ktpa in Yantai, 250 ktpa in Fujian, 250 ktpa in Hungary, and 150 ktpa at former Juli Group’s plant. The company contributes 30% of the global TDI capacity, making it the largest TDI supplier in the world.

Meanwhile, Wanhua Chemical is preparing to launch its Phase II 300 ktpa TDI project in Fujian, according to public information. It is estimated that Wanhua’s TDI capacity in Fujian will exceed 550 ktpa after the operation of its Phase II 300 ktpa facility. Based on the construction speed of Wanhua’s previous projects, it is likely that the Phase II TDI facility in Fujian will start operating at the end of 2024.

The global TDI consumption will be around 2 million tonnes in 2023 and roughly 2.4 million tonnes in 2025, according to Pudaily’s forecast. It is estimated that global TDI capacity will reach 3.515 mtpa after the completion of Wanhua’s Phase II 300 ktpa TDI facility in 2024. In the future, the TDI supply-demand balance will continue to tilt, and the oversupply situation will become prominent, leading to intense competition.

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