Big projects! Huntsman Group Asia Pacific headquarters in Shanghai!

Recently, Mr. Pan Lumin, President of Hensmay Group Polyurethane Asia Pacific, was invited to attend the licensing ceremony at the regional headquarters of multinational companies in Shanghai. The completion of the licensing marks the official establishment of The Hensmay Group's Asia Pacific regional headquarters in Shanghai, and has been certified by the Shanghai Municipal Government. The completion of the Shanghai headquarters is an important milestone in Hensmeier's development in

. It not only shows that Huntsman Group's contribution and influence to China's economic development over the past 30 years has been widely recognized, but also further strengthens the Chinese market's position as the engine of Hensmeier's global strategic development.
as the largest gateway city to China's economy, Shanghai has an international high-quality business environment, and its open and inclusive urban temperament also provides strong support for the business development of multinational enterprises. "As the Huntsman Group business continues to thrive in Asia, it is imperative to establish a regional headquarters for the overall planning and management of the entire Asia Pacific operation," Mr. Pan said at the licensing ceremony. In August this year, the Shanghai Municipal Government issued "The city to promote the development of multinational companies regional headquarters of a number of views", targeted and effective again to the headquarters of the economy. Hensmeier Group has been deeply engaged in Shanghai for a long time, and this time it is headquartered in Shanghai, which is in view of its unique potential for continuous reform and opening up in a wide range of areas and at a high level, as well as for becoming a more competitive and influential economic region in the international market in the future.
After the establishment of the Asia Pacific regional headquarters of the Hensmay Group, he will gradually assume the functions of Hensmeier's investment, management, trade, and regional RMB foreign currency capital allocation in the Asia-Pacific region, integrate and expand its existing equity and investment in the mainland, and further promote the development of Hensmay Group's business in the Asia-Pacific region, while contributing to the growing economic vitality of Shanghai.
rooted in the Chinese market and fulfilling local commitments
Hensmeier has been committed to fulfilling local commitments and continuously developing technology and solutions based on the domestic market, rather than simply bringing technology and capital to China. As the first global polyurethane giant to enter China, Hensmay Group has achieved three firsts in the development of polyurethane industry in China in the past 30 years. In 1992, Hensmay established the first foreign-funded technical service center in China for the polyurethane industry, and in 1996, As the first foreign-funded polyurethane system material plant, Hensmeier Polyurethane (China) Co., Ltd. was officially put into operation; In 2006, Hensmay built the first large-scale, world-class plant with an annual production capacity of 160,000 tons of polyurethane MDI in China, and in August 2018 the second phase of the project was expanded and put into operation with an additional investment of RMB 5 billion, totalling 400,000 tons of annual production capacity.
After two phases of construction, the Hensmei Asia Pacific Research and Development Center (ATC), established in 2008 in Shanghai's Yihang Economic and Technological Development Zone, now covers an area of 19,000 square meters, with a total cost of RMB 280 million, and has a world-class research and development laboratory and engine room. After more than 20 years of development, Hensmeier in Shanghai Yihang Economic and Technological Development Zone, the actual use of development and construction of land area of nearly 40,000 square meters. So far, Hensmey Group has invested Rmb15bn in China. After the establishment of the Asia-Pacific headquarters, Hensmeier will continue to actively give back to the Chinese market and contribute to the development and construction of the "Five Centers" in Shanghai.
Five sustainable innovations with great success
Since 2018, Huntsman has built four sustainable innovation solutions tailored to China by integrating its strengths in innovative materials, technology, applications and industry experience, namely insulation solutions, automotive solutions, composite plank solutions, and environmentally friendly solvent-free solutions. The four sustainable innovation programs provide an effective way to solve China's outstanding environmental protection problems and empower China's sustainable development issues. In 2018 alone, Hensmey polyurethane piping solutions were used in the laying of more than 150 km of energy-efficient insulation pipes, benefiting 10 million urban residents with clean heating, reducing more than 5,000 combustion chimneys, reducing emissions of 7 million tons of carbon dioxide and 14,000 tons of volatile organic compounds (VOCs).
Localization talent development, eternal innovation vitality
Hensmeier adheres to a localized and professional team to practice sustainable innovation, the asia-Pacific research and development center's talent composition is the microcosm of this concept. More than 90% of the more than 160 scientists and technicians at the research and development center are local talents. In order to continuously train local scientific and technological innovation talents in China, Hensmeier has also set up a scholarship program at Tongji University, which is intended to inspire young students to acquire professional skills and improve their innovation ability. More than 50 students have won the scholarship in the past five years. In the future, Hensmay will be led by the Asia-Pacific headquarters, to further implement the content of sustainable development of innovative quality training, continue to take root in Shanghai, continue to train professional and innovative personnel to serve the future needs of the Chinese market, to help sustainable development to maintain innovation vitality.
beautify China, focus on the
future, and continue to deepen local investment under the engine and radiation of the new Asia-Pacific headquarters. By grasping the macro trend and industry pulse, using strong scientific research strength and innovative solutions, for the transformation and upgrading of the chemical industry and China's sustainable development concept. At the same time, Hensmeier will also rely on the Shanghai regional headquarters to promote the simultaneous development of the polyurethane industry in China and the entire Asia-Pacific market, and to inject vitality into the continued opening up of China's economy and contribute to its own efforts.
.