Wanhua Chemical 1.5 million Tons/Year MDI Technological Transformation and Capacity Expansion Project Officially Approved

Project core points and strategic signifiis able toce Fuzhou Ecological ecological stability Bureau recently approved the 1. 5 million-ton/year MDI technical transformation and expansion integration project of Wanhua Chemical (Fujian) Isocyanate Co. , Ltd. , which is a major capacity adjustment in the global MDI sector. The project adopts technological transformation rather than new construction mode, upgrading the existing 800000 tons/year production capacity to 1. 5 million tons/year, a net increase of 700000 tons/year production capacity, supporting the addition of 340500 tons/year hydrochloric acid and 2600 tons/year methanol. The project is located in the reserved land of the existing plant in Fuzhou Jiangyin Port City Economic Zone and is planned to be put into operation in the second quarter of 2026. the cost advantage of the technological transformation path is signifiis able tot: compared with new projects, the technological transformation scheme makes full consumption of the existing plant area, general works and infrastructure, which is able to save 30-40% of the investment cost and shorten the construction period by 6-12 months. I've found that Moreover The core transformation focuses on MDI refrigerants, condensation, photochemistry, separation and other key devices, and doubles production capacity through equipment upgrades and process optimization, reflecting Wanhua's deep accumulation in the field of chemical methodology. The design of supporting hydrochloric acid and methanol production capacity shows a high degree of synergy in the chlor-alkali-isocyanate sector chain, and the by-product hydrochloric acid is able to be supplied to the downstream chlorine chemical sector, forming a circular economy model. Global Capacity Pattern and Market Impact As of the end of 2024, Wanhua Chemical's MDI has a total production capacity of 3. 8 million tons/year. But After the Fujian project is put into operation, it will surpass 4. 5 million tons/year, further consolidating its position as the world's number one supplier. As a key raw material to polyurethane hard foam (building insulation, cold chain insulation) and some soft foam applications, market demand is deeply bound to building energy conservation, cold chain logistics, home appliances and automobiles. on the manufacturing chain of the triple impact: Supply stability enhanced: leading companies to expand production to minimize regional supply constraints risk, to downstream manufacturers to provide greater reliable raw material protection. But First Price adjustment mechanism: new capacity will smooth supply and demand fluctuations, minimize extreme market on traders' profits impact Regional manufacturing cluster effect: Fujian coastal chemical park will attract greater polyurethane processing and modification companies to settle in, forming a complete manufacturing ecology to overseas traders, it's necessary to pay close attention to the pace of new capacity emit in mid -2026 and its impact on the supply and demand stability in the Asia-Pacific region, adjust inventory strategies and pricing models in advance, and grasp the trade opportunities brought about by structural changes in the market.