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With the price increase of chemical raw materials this year, it took only three quarters for the 300 billion market value chemical industry leader Wanhua Chemical's operating income to exceed 100 billion yuan in one fell swoop
.
In the first three quarters, Wanhua Chemical produced 2,977,300 tons of polyurethane series, sold 2,906,100 tons, and realized an operating income of 44,096 million yuan; produced 2,775,900 tons of petrochemical series, and sold 7,700,200 tons.
ton, realizing an operating income of 42.
690 billion yuan; producing 552,300 tons of fine chemicals and new material series, selling 532,700 tons, and realizing an operating income of 10.
803 billion yuan
.
.
On September 29, Wanhua Chemical announced that since October this year, the listing price of Wanhua Chemical’s aggregated MDI distribution market in China is 23,000 yuan/ton (up 2,400 yuan/ton from the price in September).
The listing price is 23,000 yuan/ton (up 2,400 yuan/ton from the price in September); the pure MDI listing price is 23,800 yuan/ton (no change compared with September)
.
1 million tons/year technical transformation and expansion of Yantai MDI plant, which effectively guarantees the market supply of MDI
.
And the company's new units such as million tons of ethylene have been put into operation, and the production and sales of petrochemical products have increased year-on-year.
With good quality and stable supply of fine chemicals, the market competitiveness has been improved
.
.
The company actively improves the industrial chain, deploys new materials, and develops the three major sectors in coordination to ensure the company's growth momentum
.
The company's polyurethane segment is developing steadily, bringing sufficient cash flow; the petrochemical segment is making efforts, and the release of production capacity has brought new profit growth points; the new material segment is actively entering the field of batteries and degradable materials, driving the company's long-term growth
.
, Ltd.
The Yantai lithium-ion battery research and development pilot project is expected to be put into operation in 2021; at the same time, the 10,000-ton lithium battery ternary cathode material project in Meishan Base is expected to be completed and put into production by the end of 2021
.
After the completion of the project, the company's product structure in the field of lithium batteries will be more complete, the product variety will be more abundant, and the future development space is worth looking forward to
.
The company is growing from an MDI leader to a comprehensive chemical leader.
With the improvement of the industrial chain layout and the increase in product types, the cycle is expected to weaken
.
