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Wanhua Chemical receives “Excellence Award” from Axalta

July 06/2021

MOSCOW (MRC) -- Wanhua Chemical, a global leader in the production and marketing of polyurethanes, petrochemicals and fine chemicals, has received the inaugural “Excellence Award” from Axalta, according to GV.

The Excellence Award is given to suppliers, who exhibit progressively exceptional overall quality, service, technology and total capacity performance for three consecutive years or longer. The Excellence Award winner also demonstrates an exceptional commitment to helping Axalta achieve its strategic initiatives.

Wanhua has previously won the supplier of the year awards in 2017, 2018, 2019, making 2020 the fourth consecutive year.

Wanhua Chemical said it focuses on customers’ needs and is committed to supplying premium products and value-added services to meet the growing industry demand. In the challenging year of 2020, both production and supply have been seriously affected by the outbreak of Covid-19 and several force majeures in upstream industries. Wanhua Chemical responded quickly and ensured the continuous supply of downstream customers to the greatest extent possible.

“We are very proud to have been recognised with the Supplier of the Year award for the fourth year in a row”, said Dr. Howard Ding, Sales Director of Wanhua Fine Chemicals. “Over the years, the cooperation between Wanhua and Axalta has expanded to cover all key global markets and a growing number of product categories. This award only motivates us to develop new products and solutions. Wanhua is dedicated to pursuing innovation while creating benefits for the society”.

As MRC informed earlier, in April, 2021, Wanhua Chemical, a major petrochemical producer in China, announced  plans to build a new propane dehydrogenation (PDH) plant in Fujian Province, southern China, adding to the PDH plant it operates at Yantai, eastern China. The new plant will be built within the Fujian Jiangyin economic zone, near the city of Fuqing. According to sources, the plant is expected to be completed in 2023.

Besdies, in January, 2020 Wanhua Chemical Group disclosed plans for a second ethylene cracker project at its Yantai, China, site with local government officials. The project will include a 1.2-million metric tons/year (MMt/y) ethylene unit; pyrolysis gasoline hydrogenation; aromatics extraction; and production facilities for butadiene, high density polyethylene (HDPE), low density polyethylene (LDPE), polyethylene (PE) plastomers and elastomers, polypropylene (PP), and other derivatives. Timing and other details were not disclosed. The second ethylene project will use naphtha and C4s as feedstock.

Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 744,130 tonnes in the first four month of 2021, up by 4% year on year. Shipments of all PE grades increased. At the same time, PP deliveries to the Russian market were 523,900 tonnes in January-April 2021, up by 55% year on year. Supply of homopolymer PP and PP block copolymers increased, whereas shipments of PP random copolymers decreased.
Author:Margaret Volkova
Tags:PP, PE, poliuretan, propylene, LDPE, HDPE, ethylene, coatings, petrochemistry, adhesives, Axalta Coating Systems, Wanhua Chemical Group, China.
Category:General News
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