Wanhua build $1.25 bn chemical complex in Louisiana

Wanhua to build $1.25 bn chemical complex in Louisiana

11:30 AM, 19th November 2018
Representatives of Wanhua Chemicals
Representatives of Wanhua Chemicals at the announcement of the plan.

BATON ROUGE, US: Wanhua Chemical Group has decided to develop a new $1.25 billion American chemical manufacturing complex in Convent, Louisiana. The new methylene diphenyl diisocyanate (MDI) plant has a capacity of 400 kilotons per year. This project will generate 1,000 construction jobs at peak activity, and create 1,230 new direct and indirect jobs.

The North American polyurethane market has witnessed continuous growth in recent years. Once operating at full capacity, the new facility will greatly enhance Wanhua’s supply capability and stability of MDI in North America, as well as broaden the product portfolio.

The Louisiana project represents Wanhua’s commitment to bring manufacturing to the US and to enable the company to better serve the customers. At the same time, the US-based complex will be another major component of Wanhua’s global development of MDI and polyurethanes, which further ensures the company’s long-term competitiveness.

"The investment in Louisiana has strategic significance to Wanhua’s position as a global supplier for the polyurethane industry. It helps us to further strengthen our focus on markets in the Americas. Our goal is to ensure our supply security and flexibility as well as higher-level services that the customers expect from us. We strive to achieve our goal of becoming North American customers’ preferred local isocyanates provider, starting from local production,” said Dr Weiqi Hua, CEO, Wanhua Chemical US Operations LLC.

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