Huntsman is sustainable

Focus on the circular economy Innovation downstream
at the recent 10th China International Petrochemical Conference in Hangzhou, environmental protection issues became the focus of attention of delegates. In response, Hensmey Group executives present at the meeting said that the company is committed to the strategy of sustainable development to deeply cultivate China, especially in the elimination of waste plastic pollution, innovative product applications, and so on, is committed to sustainable development and economic value, business model organic combination, to help the United States "china."
continue to be bullish on the
"From its registration in Shanghai in 1992 as the first foreign-funded technical service center in the polyurethane sector, to its Asia Pacific headquarters in Shanghai in 2019, Hensmeier has always been committed to China's sustainable development and has become a '' in the
. Hensmeier has always regarded China as an important global market and is committed to its long-term development in China, said Pan Remin, President of Huntsman Polyurethane Asia Pacific.
, China is now Huntsman Group's second largest market in the world and one of Huntsman's most important growth engines. As the first global polyurethane giant to enter China, Hensmeier has invested a total of 15 billion yuan in China. "China's performance now accounts for 26 per cent of The Mansmeyer, and our business in China is growing at a relatively fast pace, and I believe China is expected to be Huntsman's number one market very soon." Pan said confidently.
, Hensmei has invested in production projects in Nanjing and Shanghai in the past two years, according to Pan Limin. In addition, the composites plant in Tianjin is nearing completion and will have a capacity five times that of Shanghai, which is expected to be completed by the end of the year and put into operation early next year.
Hensmey's increased investment in China is seen as a huge market opportunity for China on the one hand, and also because of china's continued improvement in the foreign investment environment. Mr. Hensmeier, Vice President and Deputy General Counsel for Services and Government Affairs, said Mr. Hensmeier was very much in recognition of the Chinese government's efforts to improve the investment climate. "We have always hoped that the Chinese government would provide an environment for foreign investors to compete on an equal level with Chinese companies and encourage them to have more opportunities for innovation. With the recent introduction of investment laws, negative lists and a series of other positive policies, we are pleased to see that the Chinese government has made a lot of efforts in this regard. Stacey said.
focus on waste plastic recycling
conference, environmental protection has become a hot topic, especially the recycling of plastic waste has been widely concerned. Mr Pan said Hensmey was using innovative polyester technology to recycle PET plastic bottles and turn them into industrial production solutions for polyurethane products, effectively empowering China's circular economy.
"The global problem of waste plastics is growing, and if the problem is not solved, there will be more plastic in the oceans than fish by 2050," he said. Mr. Pan said Hensmey does not produce plastics, but is acutely aware of the environmental, safety and health impact of discarded plastic bottles, and uses practical actions to change the life cycle pattern of every discarded plastic bottle, aggregate the upstream and downstream industrial chain, and create an energy-efficient, low-cost and high-yield circular economy model.
As early as more than 20 years ago, Hensmay began to pay attention to PET plastic bottle recycling, and developed a recycling system and product solutions, after a number of rigorous processing processes, the production of polyester polyol products, polyester polyol is used to produce polyurethane materials, one of the important raw materials. Mr Pan said Huntsman's technology did not place high demands on polyester materials, and many crushed and broken PET bottles could also be recycled, with a recycling rate of up to 60 per cent. Hensmeier, which effectively recycles 1 billion 500ml PET plastic bottles a year in the U.S., is actively expanding production capacity in China, and the new plant in Taiwan is expected to be completed by mid-2020, with a full capacity of 33,000 tons per year and a consumption of 250 million recycled PET plastic bottles.
, Hensmey will also consider building a PET recycling Chinese mainland in the city. Pan told reporters. "Chinese mainland about 200 billion discarded plastic bottles a year, we believe it is not a problem to find the right source of recycled materials. With the promotion of garbage sorting and recycling in the Mainland, the Chinese mainland plant in the mainland is already very mature. "We
win-win economic and social benefits
the global economic environment has been chilling recently. In this regard, Pan said, Hensmay will firmly grasp the market for sustainable development needs, continue to work to sustainable development and economic value, business model organic combination, to achieve economic and social benefits of a win-win situation.
Pan's view, pipeline insulation, modern agriculture, cold chain storage and other areas related to people's food, clothing and housing, are related to sustainable development. Huntsman will firmly grasp the market opportunities in these areas, explore the direction of innovation, and lead products to automotive, insulation, plumbing, engineering and other fields, such as environmentally friendly adhesives. As a result, Huntsman will also strengthen investment in downstream areas in the short term to find opportunities for market growth.
Pan Limin finally said. "Huntsman will continue to focus on innovative applications such as low odor automotive materials, aldehyde-free plywood and continuous press production lines, solvent-free environmentally friendly soft packaging, and continue to implement four sustainable innovation strategies to deeply explore the Chinese market."