In the first year of the Twelfth Five-Year Plan period, the polyurethane industry in China still maintained a stable growth trend. At the same time, the polyurethane industry through independent research and development and introduction, the level of technological innovation continues to increase, and the pace of industrial upgrading has been steadily accelerating. In the raw material sector, the company has actively expanded its production capacity, and the scale of the industry has been continuously expanded, resulting in a steady increase in product output. According to statistics from the China Polyurethane Industry Association, the output of the polyurethane industry in China increased by approximately 15% to more than 7 million tons in 2011. The scale of product production and consumption ranks first in the world. However, at the same time, due to the rapid expansion of production capacity, the pressure of overcapacity on some raw materials and products is increasing day by day. In addition, due to the impact of relevant policies, polyurethane rigid foams are difficult to apply in the field of thermal insulation. In 2011, the capacity of China's polyurethane raw material market continued to expand. According to reports, in early 2011, Yantai Wanhua acquired the 96% equity interest in Hungary's largest chemical company BorsodChem, adding 200,000 tons/year of MDI and 250,000 tons/year of TDI production capacity, making it the third largest in the world after Bayer and BASF. MDI supplier; In March, the foundation stone laying ceremony of Wanhua MDI integration project was held in Yantai. The project included 600,000 tons/year MDI, 300,000 tons/year TDI, 300,000 tons/year polyether polyol and related epoxy. Propane, acrylate and other devices; in April, BASF in Germany and Chongqing Chemical Group jointly established a 400,000-ton/year Chongqing MDI integration project with a total investment of 35 billion yuan; on November 16, the world’s largest Bayer gas-phase phosgene TDI The production plant is officially put into production in Shanghai. The capacity of the plant is 250,000 tons/year. Bayer MaterialScience will further expand its production capacity. Jiangyin Yuanfang Machinery Manufacture Co., Ltd , https://www.yuanfangmachine.com
Due to the expansion of production capacity of upstream enterprises, and the downstream demand is affected by domestic macro-control policies and foreign financial crisis, it has been growing slowly. In 2011, China's TDI production capacity was facing a serious oversupply situation. Its market was basically in a downtrend channel, and product prices have been falling all the way. Especially after large-scale listing of low-cost TDI products by foreign companies such as Bayer, domestic TDI companies will face more severe challenges. In addition, the surge of spandex expansion in 2011 continues, and the spandex industry continues to face an oversupply situation.
In the market, driven by the downstream industries such as real estate, automobiles, and ships, the polyurethane coating industry in China is growing. In 2011, despite the significant reduction in railway construction projects, the output of architectural coatings continued to maintain a high growth trend. In addition, the production of leather and shoe polyurethane resins has also increased significantly. For the foam industry with the largest amount of polyurethane, the soft and rigid polyurethane industry market has differentiated under the dual role of domestic economy and policy guidance. Driven by the downstream demand for automobiles and furniture, China's soft foam polyurethane market is promising. Polyurethane foams have also seen an increase in demand for solar energy, refrigeration equipment, pipe insulation materials, etc.
In 2011, the polyurethane industry performed well in the field of raw material and product technology innovation. In July, a joint venture between Jilin Panzhihua and Jilin North Chemical Company signed a 300,000-ton/year HPPO (hydrogen peroxide to propylene oxide) device technology transfer agreement with German Evonik Industries. At the end of 2011, Shandong Runxing Chemical Co., Ltd. developed non-phosgene HDI (hexamethylene diisocyanate) and electrosynthesis of adiponitrile technology, successfully achieved industrialization, and built 1,000 tons/year of production lines respectively, breaking the monopoly.