The market for polyurethanes in China is growing at double-digit rates and this is expected to continue well into the next decade. Huntsman Corporation, BASF and a group of Chinese companies -- Shanghai Hua Yi, Sinopec Shanghai Gao Qiao Petrochemical Corporation and Shanghai Chloro-Alkali Chemical Co. Ltd are mulling a co operation to set up a new MDI (diphenylmethane diisocyanate) plant in China to meet growing demand for PUs. MDI is an important feedstock in the manufacture of polyurethanes. The startup is planned 2010 onward, and the plant is expected to have a capacity of 400,000 metric tons per year of crude MDI, to be sold and marketed separately by Huntsman and BASF
31-Jan-06 
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