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UTECH Europe will be held at theMECC Maastricht in Maastricht Exhibition & Congress Centre Forum 100 6229 GV Maastricht from April 23 to 25, 2024. Xuchuan Chemical was founded in 2007, headquartered in Taicang Port, Jiangsu Province, national High-tech Development Zone. Xuchuan Chemical has four large-scale production bases. It is a state-level high-tech enterprise, National specialized special new small giant enterprise.   Xuchuan Chemical's main products cover polyester polyols, polyurethane stock, polyurethane resins for leather and textiles, polyurethane adhesives, polyurethane hot melt adhesives, waterborne polyurethane resins, solvent-free polyurethane resins and polyurethane elastomers. As a professional polyurethane manufacturer, Xuchuan Chemical will participate in the exhibition at booth number B50, focusing on polyurethane polyols, TPU, polyurethane resin for shoe soles, polyurethane resin for artificial leather and other products.

CHINAPLAS will be held at the National Exhibition and Convention Center (Hongqiao) in Shanghai from April 23 to 26, 2024, starting a new journey of riding the wind and waves and shaping the future together. Xuchuan Chemical established in 2007, company registered capital is RMB 500 million. The main products are all ranges polyester polyol, polyurethane resin for shoes, water-based and solvent-free polyurethane resins for artificial leather, polyurethane bonding adhesives and polyurethane hot melt adhesives. Now Xuchuan has 4 modern production bases, production capacity reached 920,000 tons per year, products exported to 40 countries and regions in the world. In this exhibition, Xuchuan Chemical will exhibit a variety of products such as polyurethane adhesives, polyurethane elastomers, ink resins and other products:   Polyurethane adhesives   - Adhesives for flexible packaging   -Adhesives for industrial use   Polyurethane elastomers   - TPU elastomer   - CPU elastomer prepolymers   Polyurethane resin for ink   -Polyurethane resin for ink   -Polyurethane resin for solvent inks   Polyurethane polyols  

One year after the launch of its ambitious sustainability roadmap, BASF Monomers celebrates the successful certification of its production sites in all regions of the world. With the addition of the Diphenylmethane Diisocyanate (MDI) site in Geisma, Louisiana, USA, to the ranks of ISCC PLUS and REDcert2 certified sites1, BASF can now offer its customers ISCC PLUS and/or REDcert2 certified isocyanates and polyamides worldwide. Dr. Kham Nguyen, President of BASF's Monomers Division, said: "The achievements of the past year demonstrate our seriousness in driving the sustainable transformation of our Monomers and the various customer industries we serve. We continuously strive to improve our product portfolio so that we can continue to meet the high standards of international certification bodies. Achieving these certifications at all regional sites means that we are able to deliver more sustainable products to our customers around the world and help them achieve their sustainability goals, wherever they are located. I am very pleased that we are now ready to offer our US customers certified more sustainable isocyanate solutions that are locally manufactured." As a result, we are always able to provide our customers with the most suitable solution for their product portfolio. " The sustainability roadmap is well underway – 345 products are certified as sustainable In January last year, BASF Monomers committed to offering circularity solutions for each of its major product lines by 2025. One year later, the business unit is well on its way to delivering on this promise. As of February 2024, approximately 70% of the business unit's product portfolio, including isocyanates, polyamides, glues and resins, precursors and inorganic chemicals, offers low-carbon footprint products3 based on chemical cycles (Ccycled®) or biomass balance2 (BMB), or even net-zero products (zero carbon emissions and renewable feedstocks). Currently, BASF Monomers offers a total of 345 certified sustainable alternatives for industries such as food packaging, textiles, automotive, construction, wood adhesives, etc. New technologies to accelerate sustainable transformation In addition to offering more sustainable alternatives, BASF's Monomers business unit is constantly developing new solutions such as polyol recovery. In addition, the division develops new proprietary technologies to drive sustainable transformation in the industries it serves. With the new Loopamid® product, BASF Monomers has developed an innovative solution for increasing circularity in the fashion industry and recycling used textiles made from polyamide-6. With this cutting-edge technology, used fibers and materials can be recycled many times to make new yarns, while retaining the material properties of conventional virgin grade polyamides. Multiple operational excellence measures have reduced tons of CO2 emissions In addition to significantly increasing its product portfolio, BASF Monomers has successfully implemented several initiatives at its production sites in all regions to further reduce CO2 emissions. These CO2 reduction measures help the sector make an important contribution to BASF's ambitious sustainability goal of achieving net-zero emissions by 2050. Thanks to BASF's globally integrated network, a number of high-impact measures have helped to significantly reduce CO2 emissions. For example, a waste heat recovery project by BASF Polyurethane Co., Ltd. in Shanghai is expected to reduce CO2 emissions by 34,000 tons per year. 1 REDcert2 and ISCC PLUS are sustainable standard certifications for the use of sustainable biomass as feedstock in the chemical industry. Certification according to these standards determines the sustainability of the biomass used and puts it into the production system in the required quantities. The certification also ensures that sustainable biomass is appropriately incorporated into the respective marketed products. These certifications are issued on the basis of an on-site audit conducted by an independent auditor. 2 Ccycled®: Traditional fossil feedstocks for the production of BASF's products are replaced by recyclable feedstocks. These raw materials come from chemically recycled plastic waste or used tires from BASF's integrated production chain. With a certified mass balance method, recycled feedstocks, such as pyrolysis oil, are assigned to specific Ccycled® products. Recycled raw materials cannot be measured in BASF's mass balance products. BMB: For biomass-balanced products, BASF replaces the fossil raw materials normally required to produce the product with 100 percent renewable raw materials in its integrated production plant. While renewable carbon cannot be physically identified in the final product, renewable content can be assigned to the product through a certified mass balance approach. 3 Low-carbon footprint products reduce product carbon footprint by at least 30% compared to their respective fossil-based products. The product carbon footprint calculation follows the requirements and guidance of ISO 14067: 2018. In the methodology review, TÜV Rheinland has confirmed that the product carbon footprint (SCOTT) calculation methodology developed and used by the BASF Group complies with ISO 14067: 2018 and the Product Carbon Footprint Guidelines of the Together for Sustainability (TfS) initiative, and reflects cutting-edge technology (ID-Nr.0000080389: BASF SE - Certipedia). Xuchuan Chemical(Suzhou) Co.,Ltd is a professionl manufacturer for PU System for Shoe Sole, Adhesive for Shoes, TPU, CPU, Polyester Polyol, PU Resin for Ink, PUR Hot Melt Adhesive, Adhesive for Flexible Package, PU Resin for Synthetic Leather.

The trend of countries around the world asking for energy, space and food from the ocean has been unstoppable, which has also led to the vigorous development of marine equipment and engineering-related industries, and marine heavy anticorrosive coatings have obtained corresponding development opportunities. According to data from relevant institutions, the market for marine heavy anticorrosive coatings will exceed 35 billion yuan! Resins/emulsions, which account for about 25% of paint raw materials and 43% of costs, have also attracted great attention, so we will briefly take a look at the actions of 23 leading resin/emulsion manufacturers around the world. Dow On March 4, Dow Chemical (Zhangjiagang) Co., Ltd. with an annual output of 120,000 tons of combined polyether polyol product structure adjustment of the technical transformation project environmental impact assessment document was accepted and publicized, Dow will invest 65 million yuan for technical transformation, after the production will provide high-quality combined polyether polyol product production capacity of 32,000 tons / year. allnex In January this year, allnex additives team launched a new generation of 100% reactive dispersant ADDITOL® XL 6592, which has excellent corrosion, water and weather resistance and can be widely used in industrial coatings, marine, protective coatings, architectural coatings and inks. Covestro In fiscal 2023, Covestro generated sales of 14.4 billion euros, EBITDA of 1.1 billion euros, and a positive free operating cash flow of 232 million euros, with EBITDA expected to be between 1.0 billion and 1.6 billion euros in 2024. Arkema With sales of €9.3 billion in 2023, the Arkema Group completes the acquisition of a 54% stake in PI Advanced Materials and expands its plant in Nansha, China. BASF BASF generated sales of €68.9 billion and cash flow of €8.1 billion in 2023, up 5.2 percent year-on-year, while sales in the Coatings division increased by 3.9 percent year-on-year to €4.387 billion in 2023. BASF recently announced the renaming of two of its dispersion production plants in China to better reflect the company's diverse product offering for various industries. Miki A few days ago, Jiangmen Sanmu built a new 100,000 tons/year synthetic resin series products project to build a 5,000 tons/year acrylic resin production line, a 10,000 tons/year alkyd resin production line, a 10,000 tons/year UV resin production line, and a 75,000 tons/year phenolic resin production line. It is estimated that the total investment of the project is 183 million yuan, the annual output value is about 500 million yuan/year, and the average annual net profit is about 50 million yuan/year. Changchun Chemical Changchun Chemical recently put into operation in Zhangzhou, Fujian Province with an annual output of 83,000 tons of engineering plastics, 3,000 tons of phenolic molding compounds, and 3.6 million square meters of flexible copper clad laminate production line project, with a total investment of 260 million yuan, covering an area of 5 acres, a new construction area of 7,239 square meters, and an expansion of 15 plastic production lines. BATF BATF recently located in Puyang, Henan Province production base was officially completed, the base covers a total area of 370,000 square meters, the first phase of the construction of an annual output of 550,000 tons of environmental protection new materials, 90,000 tons of environmental protection water-based coating additives production equipment, all completed and put into operation, the annual output value of up to 6.8 billion yuan. Changxing Chemical At the end of 2023, Eternal Chemical invested 1.035 billion yuan to build a 197,000 tons/year synthetic resin production capacity in Tongling, Anhui Province, while its Tianjin plant announced the expansion of its fluorocarbon, alkyd and acrylic resin production lines. Xintema In January 2024, the construction of Shanghai Syntama Technology R&D Center officially started, and Syntalma will continue to invest in the Chinese market and is quite optimistic about the prospects of the Chinese market. Wei Silei (Hexion) In 2022, Westlake Chemical acquired Hexion Chemical's epoxy resin business, and then Westlake Chemical officially changed its name to Weisleigh, and in 2023, Weislei Group ranked 263rd on the Fortune 500 list in the United States. In June 2023, VSL launched a new water-based hybrid epoxy product, which requires two-thirds less amine curing agent than water-based epoxy formulations. Southern Asia Founded in 1958 in Taiwan, China, Nanya Plastics is currently a subsidiary of Formosa Plastics Group and is a leading private enterprise in Taiwan. In 2023, Nanya Plastics will invest in a number of projects in various factories in Taiwan and mainland China, which are expected to create an annual output value of more than 4.6 billion yuan. DIC Recently, DIC Co., Ltd. has collaborated with Tsukada Riken Industry and Yoshino Denka Kogyo to develop electroplateable polyphenylene sulfide (PPS) compounds. Guodu Chemical Korea Guodu Chemical Co., Ltd. began to produce epoxy resins in 1972, and its products are sold to more than 60 countries and regions. Guodu Chemical (Kunshan) Co., Ltd., a wholly-owned subsidiary of South Korea's Guodu Chemical Co., Ltd., is one of the major epoxy resin manufacturers in China, with annual revenues of up to RMB 3 billion. Wanhua Chemical In 2023, Wanhua Chemical will achieve operating income of 175.36 billion yuan, an increase of 5.92% over the same period of the previous year, and net profit attributable to shareholders of listed companies of 16.81 billion yuan, an increase of 3.57% over the same period of the previous year. WACKER In September 2023, Wacker Chemie expanded its production capacity of specialty silicones at its Zhangjiagang site in Jiangsu Province with an investment of approximately CNY 1.16 billion to build production lines for functional silicone fluids, silicone emulsions and silicone elastomer gels. Huntsman In January this year, Huntsman announced that Shanghai Lianheng's joint venture MDI (methylene diphenyl diisocyanate) production unit in Caojing, Shanghai, had been restructured. After the reorganization, Huntsman and Shanghai Chlor-Alkali Chemical will fully own and independently operate one of the MDI production units in Caojing, Shanghai, as well as a supporting MDI hydrogen chloride recovery unit. The 2024 (9th) International Marine Anti-corrosion and Antifouling Forum will invite experts and domestic and foreign coating companies to discuss the specification requirements and innovative research and development of marine heavy anti-corrosion coatings. Xuchuan Chemical(Suzhou) Co.,Ltd is a professionl manufacturer for PU System for Shoe Sole, Adhesive for Shoes, TPU, CPU, Polyester Polyol, PU Resin for Ink, PUR Hot Melt Adhesive, Adhesive for Flexible Package, PU Resin for Synthetic Leather.

BASF declares force majeure on the supply of polyamides Recently, BASF found itself unable to meet the demand for the amount of material needed due to unforeseen complications affecting its polyamide production operations. In response to this inevitable situation, BASF was forced to declare force majeure on its low-viscosity polyamide products and implement sales distribution measures in North America with immediate effect. Customers will receive detailed information about their assigned quantities from their respective BASF account managers. At the moment, the duration of the force majeure declared by BASF and the resulting distribution of sales remain uncertain. BASF's account managers will be in constant communication with customers, providing updates on the status of current and future orders and ensuring transparency as developments take place. It is important to note that sales allocations and delivery schedules are subject to change due to the liquidity of market conditions. The company is actively pursuing all reasonable avenues to identify mitigation strategies for the challenges it encounters in its supply chain. BASF is committed to addressing these disruptions. Polyamide is a polymer characterized by repeating units held together by amide bonds. Polyamides can be produced naturally (e.g., various natural proteins such as wool and silk) or artificially by step-by-step polymerization or solid-phase polymerization (e.g. nylon) or aromatic polyamides and sodium polyamides (e.g. aspartic acid). Synthetic polyamides are widely used in textiles, carpets, sportswear, food packaging, eyewear parts, automotive and aircraft parts, tires, military supplies and protective equipment due to their excellent durability and strength. On February 13, BASF announced that it will increase the prices of caprolactams, polyamide polymers and copolyamides in North America: Effective March 1, 2024, or where contractually permitted, BASF will increase the prices of caprolactam, polyamide 6 (PA6) and copolyamide (PA6/66) in North America by $0.20 per pound. BASF raises the price of standard antioxidants and hindered amine light stabilizers (HALS) for plastics On March 6, BASF announced that it is raising the price of standard antioxidants and hindered amine light stabilizers (HALS) for plastics applications by 10 percent worldwide. The price adjustment is in response to the current inflationary pressures and the sharp rise in manufacturing and logistics costs. Xuchuan Chemical(Suzhou) Co.,Ltd is a professionl manufacturer for PU System for Shoe Sole, Adhesive for Shoes, TPU, CPU, Polyester Polyol, PU Resin for Ink, PUR Hot Melt Adhesive, Adhesive for Flexible Package, PU Resin for Synthetic Leather.

Recently, BASF released its financial results for fiscal year 2023. According to the report, BASF Group's sales in fiscal 2023 amounted to €68.9 billion, compared to €87.3 billion in the previous fiscal year, despite a market environment of significant economic uncertainty. EBITDA before special items decreased by 28.7 percent year-on-year to EUR 7.7 billion, cash flow from operating activities increased by 5.2 percent to EUR 8.1 billion, and free cash flow decreased by 18.5 percent year-on-year to EUR 2.7 billion. BASF expects the weak global growth momentum in 2023 to continue in 2024. Global economic growth is expected to accelerate later this year, with BASF expecting the overall global economy to grow by 2.3 percent in 2024. In Europe, relatively high energy prices and regulatory framework conditions that are not conducive to the creation of industrial value will continue to slow the economy. In addition, BASF announced further plans for its Ludwigshafen site to achieve additional cost savings of EUR 1 billion per year by the end of 2026. This is an additional step in addition to BASF's existing cost reduction plan for the non-production sector in Europe and the restructuring of production at the Ludwigshafen site. Xuchuan Chemical(Suzhou) Co.,Ltd is a professionl manufacturer for PU System for Shoe Sole, Adhesive for Shoes, TPU, CPU, Polyester Polyol, PU Resin for Ink, PUR Hot Melt Adhesive, Adhesive for Flexible Package, PU Resin for Synthetic Leather.

Keywords: BASF, polyamide supply, force majeure Recently, BASF found itself unable to meet the demand for the amount of material needed due to unforeseen complications affecting its polyamide production operations. In response to this inevitable situation, BASF was forced to declare force majeure on its low-viscosity polyamide products and implement sales distribution measures in North America with immediate effect. Customers will receive detailed information about their assigned quantities from their respective BASF account managers. At the moment, the duration of the force majeure declared by BASF and the resulting distribution of sales remain uncertain. BASF's account managers will be in constant communication with customers, providing updates on the status of current and future orders and ensuring transparency as developments take place. It is important to note that sales allocations and delivery schedules are subject to change due to the liquidity of market conditions. The company is actively pursuing all reasonable avenues to identify mitigation strategies for the challenges it encounters in its supply chain. BASF is committed to addressing these disruptions. Polyamide is a polymer characterized by repeating units held together by amide bonds. Polyamides can be produced naturally (e.g., various natural proteins such as wool and silk) or artificially by step-by-step polymerization or solid-phase polymerization (e.g. nylon) or aromatic polyamides and sodium polyamides (e.g. aspartic acid). Synthetic polyamides are widely used in textiles, carpets, sportswear, food packaging, eyewear parts, automotive and aircraft parts, tires, military supplies and protective equipment due to their excellent durability and strength. Xuchuan Chemical(Suzhou) Co.,Ltd is a professionl manufacturer for PU System for Shoe Sole, Adhesive for Shoes, TPU, CPU, Polyester Polyol, PU Resin for Ink, PUR Hot Melt Adhesive, Adhesive for Flexible Package, PU Resin for Synthetic Leather.

On January 19, 2024, the launching ceremony of the BASF-Xuchuan-Anan strategic cooperation on low-carbon footprint solutions was held at the headquarters of Asahikawa Chemical. Jiang Ping, Chairman of Xuchuan Chemical, Ruan Kaiming, Global President of BASF's Monomer Division, and Lin Tiansheng, President of An'an, attended the launching ceremony, which is a milestone event of the tripartite strategic cooperation and a key measure to jointly implement the "dual carbon" goal and promote the sustainable development of the industry. Mr. Jiang Ping, Chairman of Xuchuan Chemical, said: "Xuchuan Chemical has always regarded innovative development, green and low-carbon, and sustainable development as an important strategy for the company's high-quality development. The main purpose of this collaboration is also to work together to reduce carbon emissions in the value chain, accelerate the transition to a circular economy, develop more innovative low-carbon solutions, and help achieve carbon neutrality. We are excited to contribute to sustainability and look forward to further deepening our partnership in the future." BASF is the world's largest chemical group, a Fortune 500 company, and has been named "the world's most admired chemical company" by the American business magazine Fortune. BASF believes that the transition to biomass or waste-based non-fossil feedstocks is the key to a low-carbon circular economy, and its mass balance approach provides a fast, economical, scalable and socially acceptable way to transition a large number of products.   AnAn (China) Co., Ltd. is a synthetic leather manufacturing enterprise dedicated to high-end product technology innovation and brand building. Always adhere to the concept of green and sustainable development, and strive to put into green production actions, rely on environmentally friendly products, drive green upgrading with innovation, firmly practice ESG, and always move forward as a leader in green development in the industry.As part of the three parties' commitment to sustainability, Xuchuan Chemical, BASF and AnAn will continue to invest in R&D to further improve their low-carbon footprint solutions. The strategic partnership will also encompass joint marketing to promote sustainable products and practices to customers and the wider public. Xuchuan Chemical established in 2007, company registered capital is RMB 500 million. The main products are all ranges polyester polyol, polyurethane resin for shoes, water-based and solvent-free polyurethane resins for artificial leather, polyurethane bonding adhesives and polyurethane hot melt adhesives. Now Xuchuan has 4 modern production bases, production capacity reached 920,000 tons per year, products exported to 40 countries and regions in the world.

Suzhou, China, JAN 19, 2024 – BASF Monomers Division and Xuchuan Chemical, an important partner in the isocyanates value chain, held a ceremony to commemorate their strategic cooperation on bio-mass balanced (BMB) Methylene Diphenyl Di-isocyanate (MDI) in synthetic leather applications. By leveraging BASF's expertise in bio-mass balanced (BMB) MDI production and Xuchuan Chemical's extensive network in the synthetic leather value chain, the primary goal of this collaboration is to reduce carbon emissions in the production of polyurethanes for the industry. Dr. Ramkumar Dhruva, President of BASF Monomers Division, underlined BASF`s commitment to deepen the collaboration with Xuchuan. "Xuchuan Chemical is the first to utilize our BMB MDI for polyurethane production in China. This collaboration is a crucial step towards establishing a more sustainable synthetic leather value chain in the region, and we look forward to working closely with our downstream customers to provide products that meet the increasing demand for sustainable and innovative solutions in Greater China." Bio-mass balanced products are an integral part of BASF's approach to drive the implementation of sustainable solutions. They not only reduce the products` carbon footprint (PCF), but also conserve fossil resources by replacing a part of the fossil raw materials with renewable feedstock in the production process. Bio-mass balanced MDI is a significant step towards reducing the carbon footprint associated with the production of polyurethane, a material widely used in various industries from construction to automotive. So far, BASF provides ISCC+ certified1 BMB MDI from its two production sites in Asia-Pacific region – Yeosu site in South Korea and Chongqing site in China. [We are committed to provide circular and low-PCF options to our value chains," said Claudia Huang, Senior Vice President, Monomers Asia-Pacific, BASF. [The recent ISCC+ certification of our Chongqing site not only affirms our commitment, but also underscores our resolution to promoting sustainable solutions in the Chinese market." "The utilization of BMB MDI in our product portfolio represents an important milestone in our long-standing partnership with BASF and sets a positive precedent for future collaborative efforts between us," said Mr. Ping JIANG, Chairman of Xuchuan Chemical. "We are excited to contribute to the development of sustainable solutions and look forward to furthering our partnership in the future." An`An, one of Xuchuan's major downstream customers, also joined the ceremony. Mr. Tian Song LIN, CEO of An`An, highlighted the alignment of this initiative with their own sustainability goals: [We at An'An are more than pleased to demonstrate our commitment to sustainability. This initiative aligns perfectly with our own goals, and we are ready to contribute in every way possible." As part of their commitment to sustainability, BASF and Xuchuan will continue to invest in research and development to further enhance their low carbon footprint products and solutions. The strategic cooperation will also include joint activities to promote the benefits of these sustainable products and practices to downstream polyurethane companies and the broader public. ISCC (International Sustainability & Carbon Certification): ISCC is a globally applicable sustainability certification system and covers all sustainable feedstocks, including agricultural and forestry. BASF – Xuchuan – An`An Co-Signed on MoU for strategic cooperation of Low-PCF solutions in synthetic leather applications. Front row from left to right: Hui YANG (Vice President, Isocyanates & Inorganic Chemicals, Monomers Asia-Pacific, BASF), Chang Jun LIU (Vice President, Xuchuan Chemical), Zheng Fu WANG (Chief Technology Officer, An`An) Back row from left to right: Claudia HUANG (Senior Vice President, Monomers Asia-Pacific, BASF), Dr. Ramkumar Dhruva (President, Monomers Division, BASF), Ping JIANG (Chairman, Xuchuan Chemical), Tian Song LIN (CEO, An`An), Fei Feng WU (Chief Procurement Officer, An`An) About BASF At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. More than 111,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €87.3 billion in 2022. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States. Further information at www.basf.com. About BASF`s Monomers division The Monomers division supplies a broad portfolio of large-volume monomers, basic polymers and inorganic chemicals. Major products include MDI (methylene diphenyl diisocyanate), TDI (toluene diisocyanate), propylene oxide, caprolactam, adipic acid, hexamethylenediamine, ammonia, polyamide 6 and 6.6, nitric acid, sulfur and chlorine products, inorganic salts, urea, melamine, glues and impregnating resins. The products are used in a broad spectrum of industries, such as the automotive, furniture, construction, woodworking, food, feed, solar, packaging and textile industries. More information: https://chemicals.basf.com/global/en/Monomers.html About Xuchuan Chemical Xuchuan Chemical was incorporated in 2007, as the largest polyurethane resins manufacturer for shoe/artificial leather industry in China, it has 5 modern production bases. The main products range from polyester polyol, polyurethane resin for shoes (polyether and polyester), water-based and solvent-free polyurethane resins for artificial leather, polyurethane bonding adhesives to polyurethane hot melt adhesives. It is a state-level hi-tech enterprise specializing in product R&D, production, and sales, and offers all-around raw materials and technical solutions to clients. After 20 years' development, Xuchuan Chemical has become the largest polyurethane resins manufacturer in shoe/leather industry in China, and its products export to over 30 countries worldwide. Further information at chinaxuchuan.com

Recently, Xuchuan Chemical (Suzhou) Co., Ltd., a major industrialization project with an annual output of 280,000 tons of new degradable polyurethane advanced polymer materials, successfully passed the completion acceptance. The project is conducive to promoting the upgrading of China's high-end new degradable polyurethane advanced polymer materials, and improving the international competitiveness of domestic environmentally friendly polyurethane functional materials.The total investment of the project exceeds 1.18 billion yuan, and in 2016, it received a special fund of 10 million yuan for the major industrial transformation project of strategic emerging industries in Jiangsu Province. The project purchased imported synthesis reaction system, water circulation system, DCS distributed control system and other equipment, built a provincial R&D platform, formed an intelligent production line, and built polyol, TPU and other workshops, with a construction area of nearly 65,000 square meters.After the completion of the project, it has formed an annual production capacity of 280,000 tons of new degradable polyurethane advanced polymer materials. This time, the expert group composed of the Suzhou Municipal Development and Reform Commission and the third-party evaluation unit conducted on-site acceptance evaluation of the project of Xuchuan Chemical, and the expert group agreed that the project has completed the approved construction content and met the requirements of the implementation plan.As a high-tech enterprise of new chemical materials, Xuchuan Chemical (Suzhou) Co., Ltd. continues to improve its independent innovation capabilities and invests more than 100 million yuan in research and development every year. At present, the company has 12 laboratories and a R&D team of more than 200 people, and has become a leading professional manufacturer of polyurethane resin in China. Xuchuan Chemical established in 2007, company registered capital is RMB 500 million. The main products are all ranges polyester polyol, polyurethane resin for shoes, water-based and solvent-free polyurethane resins for artificial leather, polyurethane bonding adhesives and polyurethane hot melt adhesives. Now Xuchuan has 4 modern production bases, production capacity reached 920,000 tons per year, products exported to 40 countries and regions in the world.

In recent years, the whole province has adhered to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, thoroughly implemented General Secretary Xi Jinping's important exposition on new industrialization and the spirit of his important speech on Jiangsu's work, conscientiously implemented the decisions and arrangements of the Party Central Committee and the State Council, firmly grasped the primary task of high-quality development, insisted on focusing on the real economy and the development of the economy, accelerated the construction of a strong manufacturing province, and promoted the province's high-quality economic and social development to continue to be at the forefront. In the practice of development, a number of outstanding enterprises and outstanding entrepreneurs with outstanding contributions have emerged. In order to commend the advanced, set up a model, encourage more enterprises to become stronger, better and bigger, and actively participate in the new journey of modernization, the provincial party committee and the provincial government decided to award 100 enterprises such as Nanjing Nanrui Jibao Electric Co., Ltd. the title of "Excellent Enterprise in Jiangsu Province", and awarded Huang Yixin and other 100 entrepreneurs the title of "Outstanding Entrepreneur in Jiangsu Province". It is hoped that the commended enterprises and entrepreneurs will cherish the honor, make persistent efforts, move forward bravely and create new achievements. All departments at all levels and the majority of enterprises in the province should take the commended outstanding enterprises and outstanding entrepreneurs as an example, fully implement the spirit of the 20th National Congress of the Communist Party of China and the spirit of General Secretary Xi Jinping's important speech on the work of Jiangsu, thoroughly implement the deployment of the 14th Provincial Party Congress, completely, accurately and comprehensively implement the new development concept, conscientiously implement the "four ahead" and "four new" major tasks, adhere to the real economy and build a modern industrial system as the key to strengthening the province, accelerate the implementation of the innovation-driven development strategy, and vigorously promote the entrepreneurial spirit of the new era. Accelerate the construction of world-class enterprises, solidly promote new industrialization, and strive to build an industrial science and technology innovation center with global influence, so as to make new and greater contributions to the demonstration of taking the lead in promoting Chinese-style modernization and writing a new chapter in the modernization of "strong, rich, beautiful and high" Jiangsu. List of "Outstanding Entrepreneurs of Jiangsu Province". Shen Bin, Secretary of the Party Committee and Chairman of Jiangsu Shagang Group Co., Ltd Gao Dekang, Chairman of the Board of Directors and President of Bosideng Co., Ltd Luo Xiaochun, Chairman of Jiangsu Changshu Auto Decoration Group Co., Ltd Jiang Ping, XUCHUAN Chemical (Suzhou) Co., Ltd Song Zheng is also the chairman of the board of directors of Goodbaby Children's Products Co., Ltd Gao Yudi, Chairman of Suzhou Qingyue Optoelectronics Technology Co., Ltd Nie Hua, President and Chairman of Zhongke Controllable Information Industry Co., Ltd Mo Siming, Chairman of Jiangsu Yongding Co., Ltd Shen Xiaoping, Chairman of the Board of Directors of Tongding Group Co., Ltd Zhu Xingming, Chairman and General Manager of Suzhou Inovance Technology Co., Ltd Jin Xianghua Chairman and General Manager of Jinhong Gases Co., Ltd Xu Ting, General Manager of Suzhou Xiuniang Silk Co., Ltd Jiang Biwang is the chairman of Suzhou Navitas Technology Co., Ltd Chen Wenyuan, Chairman of Suzhou Huaxing Yuanchuang Technology Co., Ltd Liu Sheng, Executive Director and General Manager of Suzhou InnoLight Technology Co., Ltd Wu Zhixiang is the chairman of Tongcheng Network Technology Co., Ltd Ni Zugen, Chairman and President of Lake Electric Co., Ltd Min Dayong Chairman and General Manager of Suzhou Changguang Huaxin Optoelectronics Technology Co., Ltd Yu Xiaqiu (female) Chairman of the Board of Directors and President of Changjiang Runfa Group Co., Ltd Wang Wei is the chairman and general manager of Suzhou Jingfang Semiconductor Technology Co., Ltd Xuchuan Chemical established in 2007, company registered capital is RMB 500 million. The main products are all ranges polyester polyol, polyurethane resin for shoes, water-based and solvent-free polyurethane resins for artificial leather, polyurethane bonding adhesives and polyurethane hot melt adhesives. Now Xuchuan has 4 modern production bases, production capacity reached 920,000 tons per year, products exported to 40 countries and regions in the world.

In order to make every effort to launch the "Made in Suzhou" brand, promote the construction of the city's manufacturing brand, and enhance the influence of the city's iconic brand, according to the requirements of the Municipal Party Committee and the Municipal Government's "Three-year Action Plan for the Construction of the "Made in Suzhou" Brand (Su Committee Banfa [2021] No. 10), the Municipal Bureau of Industry and Information Technology organized and carried out the third batch of "Made in Suzhou" brand climbing enterprises, the selection of areas with remarkable results and the warehousing of "Made in Suzhou" brand cultivation enterprises The list of enterprises to be identified by the brand climbing enterprises and regions with obvious results will be publicized.Xuchuan Chemical (Suzhou) Co., Ltd. was successfully listed on the list of the third batch of "Made in Suzhou" brand peak enterprises, becoming the first shortlisted enterprise in Taicang City, achieving zero breakthrough. The Municipal Bureau of Industry and Information Technology will continue to further promote the construction of the "Made in Suzhou" brand, give full play to the leading and exemplary role of the "Made in Suzhou" brand climbing enterprise, drive the city's enterprises to continuously strengthen their own brand awareness, actively build the "Made in Suzhou" high-end product brand, and boost the high-quality development of the city's manufacturing industry. Xuchuan Chemical established in 2007, company registered capital is RMB 500 million. The main products are all ranges polyester polyol, polyurethane resin for shoes, water-based and solvent-free polyurethane resins for artificial leather, polyurethane bonding adhesives and polyurethane hot melt adhesives. Now Xuchuan has 4 modern production bases, production capacity reached 920,000 tons per year, products exported to 40 countries and regions in the world.

Recently, Suzhou Municipal Bureau of Industry and Information Technology announced the third batch of "Made in Suzhou" brand peak enterprise list, Asahikawa Chemical (Suzhou) Co., Ltd. successfully listed on the list, becoming the first shortlisted enterprise in the city, achieving zero breakthrough. Asahikawa Chemical (Suzhou) Co., Ltd. focuses on the research and development, production, sales and service of polyurethane materials, ranking among the top three in China in terms of production and sales for many consecutive years, and ranking among the "Top 500 Petrochemical Companies in China" in terms of comprehensive strength. The company has built provincial enterprise technology center, postdoctoral scientific research workstation, Suzhou independent brand leading enterprise advanced technology research institute and other innovation platforms, won the national specialized and special new small giant enterprise, Jiangsu science and technology award third prize, Jiangsu province private science and technology enterprise, Jiangsu province quality benchmarking enterprise, Jiangsu province intelligent demonstration workshop, Jiangsu province industrial Internet benchmarking factory and other honorary titles. Xuchuan Chemical(Suzhou) Co.,Ltd is a professionl manufacturer for PU System for Shoe Sole, Adhesive for Shoes, TPU, CPU, Polyester Polyol, PU Resin for Ink, PUR Hot Melt Adhesive, Adhesive for Flexible Package, PU Resin for Synthetic Leather. "Made in Suzhou" brand peak enterprise refers to a representative manufacturing benchmarking enterprise in the administrative region of Suzhou, which is in an advantageous position in the development of international and domestic industries, can lead the direction of industrial development, and has strong influence of independent brand enterprises. The Municipal Bureau of Industry and Information Technology will continue to further promote the brand construction of "Made in Suzhou", give full play to the leading and exemplary role of "Made in Suzhou" brand peak enterprises, drive enterprises in the city to continuously strengthen their independent brand awareness, actively build the "Made in Suzhou" high-end product brand, and promote the high-quality development of the city's manufacturing industry.

Huntsman: Introducing new waterborne polyurethane technology Huntsman announced three new waterborne polyurethane technologies to be rolled out at SIMAC 2019 in Milan, Italy. The company also revealed details of two new Avalon thermoplastic polyurethane (TPU) grades, Avalon 65 DHT TPU and Avalon85 AHT TPU, the latest addition to the company's Avalon AHT range. [Keywords] Huntsman; SIMAC; Polyurethane; BASF; Milan, Italy; shoe materials; Avalon; Foaming; Technology exhibitions; Trademark; [Source] Global Polyurethane , Polyurethane Monthly , Editorial Office Mailbox , Issue 02, 2019 Polyester polyol is a type of polyol that is derived from the reaction between a polyol (such as glycerol or ethylene glycol) and a dicarboxylic acid (such as adipic acid or phthalic anhydride). It is commonly used as a raw material in the production of polyurethane foams, coatings, adhesives, and elastomers. Polyester polyols have several advantages over other types of polyols. They have good chemical resistance, mechanical properties, and thermal stability. They also have low toxicity and are environmentally friendly. Additionally, polyester polyols can be easily modified to achieve desired properties, such as increased flexibility or flame retardancy. Polyester polyols are typically liquid at room temperature and have a high molecular weight. They can be further reacted with isocyanates to form polyurethane materials, which have a wide range of applications in various industries, including automotive, construction, and furniture.

Dongguan International Leather Shoe Machinery and Shoe Material Exhibition (DLSF) is organized by Guangdong Modern International Exhibition Center Dongguan Shoe and Bag Industry Alliance. With the theme of "Smart Technology and Green Fashion", the exhibition brings together the latest products in the textile and apparel/footwear industry, showcases the current popular equipment and intelligent machines, efficient solutions and operation models, and provides one-stop linkage services for the whole industry chain of textile and apparel footwear. Dongguan International Leather Shoe Machinery and Footwear Material Exhibition DLSF last exhibition with a total area of 30,000 square meters, 500 exhibitors, and 25,000 exhibitors. It attracted many famous brands from the United States, Japan, South Korea, Germany and Italy at home and abroad. Various forum activities will be held during the exhibition, and it is expected to invite professional visitors and buyer groups from various regions such as Guangdong and the surrounding shoe cluster cities in Guangdong to visit and purchase. In recent years, innovative technologies represented by intelligent manufacturing, energy conservation and environmental protection have become a new driving force for the transformation and development of traditional manufacturing. Dongguan International Leather Shoe Machinery and Footwear Material Exhibition DLSF will become an important window for many enterprises to display new products and technologies and open up new channels for business and trade. polyurethane,footwear,shoe sole,leather,polyester polyol

Source - Global Polyurethane Network According to reports, the European polyurethane market value is expected to reach US$26.24 billion by 2024. The rising demand for sustainable building materials has become an important driving force for the development of the industry. The development of terminal industries such as construction, automobiles, transportation, furniture and bedding is the main driving force of the polyurethane industry. It is expected that the continuous development of the construction industry will be the main driving force. The construction industry in Eastern European countries such as Hungary, Poland, and Slovakia will have great development, thereby driving the rise in demand for rigid polyurethane foam. Rigid foam consumes the most, accounting for 30% of the European market in 2015. Financial incentives to reduce energy consumption will promote the development of rigid foam. In 2015, the European polyurethane market size was 4.91 million tons, and it is expected to reach 6.9 million tons in 2024, with a compound annual growth rate of 3.8%. Polyurethane is the most consumed in the construction industry, accounting for more than 35% of the total in 2015. It is expected that the electrical appliance field will have the largest growth, at 5.3%. Germany had the largest demand for polyurethane in 2015, accounting for an estimated 17.5% of the market share. As a major automobile production and export country, Germany has the largest demand for rigid foam. In 2015, the demand for rigid foam accounted for 30% of polyurethane.

1) Polyurethane foam Polyurethane foam is widely used in thermal insulation, furniture production, etc. According to data from Allied Market Research, my country's polyurethane foam (including flexible foam and rigid foam) sales volume was 1.3783 million tons in 2019, and is expected to reach 1.6526 million tons in 2022, with an average annual compound growth rate of 6.24% from 2019 to 2022. The guidance of the "Thirteenth Five-Year Plan" development plan for the plastics processing industry points out that the "import substitution" strategy should be vigorously implemented to strive for the main products and accessories of the plastics processing industry to meet the needs of economic and social development, especially the high-end fields, by 2025. Some products and technologies have reached World leading level. 2) Polyurethane elastomer Polyurethane elastomers are divided into casting type, thermoplastic type and mixing type according to the production process. They are widely used in steel, conveyor belts, papermaking rubber spokes and other fields. In recent years, the proportion of polyurethane elastomers in polyurethane products in my country has been increasing. In 2015, the consumption of polyurethane elastomers was 860,000 tons, a year-on-year increase of 4.2%. In 2018, it rose to 1.07 million tons. The consumption continued to increase from 2019 to 2022. The reason is mainly due to the large-scale use of thermoplastic elastomers in the automotive field and the construction industry. (TPE) materials have driven the development of the industry. 3) Polyurethane coating In 2015, the consumption of polyurethane coatings was about 1.65 million tons, accounting for 16% of the sales volume of polyurethane products. In 2021, it will reach 2.45 million tons, accounting for about 16%. At present, there are more than 60 kinds of polyurethane coatings, and the production enterprises are concentrated in coastal areas. 4) Polyurethane synthetic leather slurry Synthetic leather PU slurry includes dry synthetic leather and wet synthetic leather. At present, my country is the center of the world's artificial leather and synthetic leather industry. In 2019, my country's synthetic leather pulp production accounted for nearly 85% of the world. In recent years, the consumption of synthetic leather slurry in my country has continued to decline. The reasons are: First, solvent-based synthetic leather slurry will pollute the environment. Under the advocacy of green environmental protection, the demand and consumption of synthetic leather slurry has been suppressed. Second, fierce competition among enterprises has compressed the industry`s profit margins. In the future, the industry will innovate and popularize ecological and functional synthetic leathers such as water-based synthetic leather and solvent-free synthetic leather, improve the environmental protection of artificial leather and synthetic leather, and enrich the functionality. 2.4 Domestic polyurethane import and export In terms of import volume, it increased slightly from 2017 to 2018, declined in 2019, continued to decline in 2020, and rebounded in 2021; in terms of export volume, it was similar to import changes. The reason: First, the polyurethane industry has shifted from the pursuit of extensive expansion in quantity and scale to the intensive growth in pursuit of efficiency and quality. Many large polyurethane enterprises have successfully put into production, reducing their dependence on foreign markets Second, the key technologies of isocyanate and polyester polyol are monopolized by multinational companies such as Bayer, BASF, and Huntsman. my country still needs to import high-tech polyurethane products, and the import volume remains above a certain level. 3. Conclusion 1) my country has become the main consumer market and producer of polyurethane. In the late 1990s, my country's polyurethane products were only 800,000 tons, reaching 3 million tons in 2005. The average annual growth rate from 2005 to 2010 was more than 15%. By 2015, it had reached 10.35 million tons, accounting for 40% of the world's total production and sales. The "Thirteenth Five-Year Plan" put forward the industrial policy of "adjusting structure, changing mode, and promoting development", and my country's polyurethane industry has entered a low-speed growth. In 2021, my country's polyurethane output will be 15.32 million tons, a year-on-year increase of 4.22%. 2) my country's polyurethane product exports are greatly affected by the international economic situation. The main reason is that most of my country's polyurethane products are mid- to low-end products, and most of the exporting countries are developing countries. Therefore, the industry must adjust its development direction, resolve the crisis of overcapacity, accelerate technology research and development, develop high-end, high-performance, and functional products, and enhance product competitiveness. 3) Product application areas are increasingly expanding. Over the years, the production and consumption of polyurethane products in my country have continued to grow. Demand from downstream markets such as home appliances, furniture, transportation, machinery, construction, and new energy drives the growth of consumption of polyurethane products. The industry must develop environmentally friendly polyurethane products, accelerate their application in areas such as building energy conservation, expand the application areas of differentiated, functional, and high value-added spandex fibers, and expand the application areas of TPU. 4) The industrial structure is continuously optimized. With the overcapacity of polyurethane, it is necessary to eliminate industries that are backward in technology and do not meet the requirements of green environmental protection. During the "14th Five-Year Plan" period, the polyurethane industry must promote the continuous optimization of industrial structure, product structure, and layout structure, and gradually solve the problems of unbalanced and inadequate development.

2. Domestic polyurethane industry status 2.1 Development history of domestic polyurethane industry my country's polyurethane industry started late in the late 1950s. In 1958, Dalian Dyestuff Factory developed isocyanate (TDI), and in 1962, it built a production facility with an annual output of 500 tons. In the early 1960s, Jiangsu Chemical Industry Research Institute and others developed polyether-type PU flexible foam. In the early 1970s, Jiangsu Research Institute and Nanjing Rubber Factory developed mixed PU elastomer (MPU). At the same time, Tianjin Chemical Industry Research Institute and Tianjin Paint Factory developed PU coatings. In 1974, Beijing Institute of Construction Engineering developed PU waterproof material, and Jiangsu Institute developed PU waterproof and grouting materials. In 1976, Jiangsu Research Institute and others carried out the research and development of PU track rubber technology, and in 1978, it began to promote it on a large scale in domestic sports venues. In the 1980s, domestic manufacturers successively introduced 10,000-ton polyether production equipment. For example, Yantai Synthetic Leather Factory introduced PU synthetic leather technology from Japan and a 10,000-ton MDI production equipment. In the 21st century, the polyurethane industry has become one of the fastest growing industries in my country's chemical industry. 2.2 Domestic production and sales of polyurethane The output of my country's polyurethane industry from 2014 to 2021 is shown in Figure 4. It produced 966 tons in 2014, 10.35 million tons in 2015, 10.85 million tons in 2016, and 11.89 million tons in 2017, maintaining a compound annual growth rate of 7.28%. The output in 2020 will be approximately 14.7 million tons, a year-on-year increase of 7.6%, and will reach 15.32 million tons in 2021, a year-on-year increase of 4.22%. my country's polyurethane consumption was approximately 9.6 million tons (including solvent content) in 2014 and approximately 12.4 million tons in 2020, a year-on-year increase of 4.6%. During the "Thirteenth Five-Year Plan" period, the polyurethane industry showed moderate growth. According to the "China Polyurethane Industry Operation Status Analysis and Investment Strategy Research Report (2023-2030)" by Guanyan Report Network, polyurethane consumption in 2021 will be 12.63 million tons, a year-on-year increase of 1.85%, of which polyurethane soft foam consumption accounts for 27 %, the main application areas include car seats, furniture, fabric padding, etc., polyurethane rigid foam consumption accounts for 26%, mainly used in thermal insulation fields such as refrigerators and freezers, cold chain logistics, as well as building exterior wall insulation and energy saving. . 2.3 Domestic polyurethane consumption distribution The consumption situation of polyurethane products in my country in 2014 is shown in Figure 5. Polyurethane foam accounts for the largest proportion, about 40% (soft foam 20.82%/hard foam 18.90%), synthetic leather slurry accounts for 21.91%, coatings account for 16.30%, adhesives and sealants account for 5.04%, and elastomers account for 4.12%. The consumption situation in 2021 is shown in Figure 6. Polyurethane foam still accounts for the most, about 53% (soft foam 27%/hard foam 27%), elastomers account for 20%, coatings account for 16%, and adhesives and sealants account for 6%. Comparing the proportion of consumption in 2014 and 2021, it can be seen that polyurethane foam (including soft foam and hard foam) is still the product with the largest proportion in my country's polyurethane consumption, and the proportion of hard foam and soft foam is increasing. Body is the product with the largest growth rate, the proportion of coatings is relatively stable, and the proportion of synthetic leather slurry continues to decline, which is consistent with the international consumption trend of polyurethane.

my country's polyurethane industry started in the late 1950s and has now become the largest producer and consumer of polyurethane. At present, my country's polyurethane production is regionally concentrated, and has formed four regions: the Yangtze River Delta centered on Shanghai, the Pearl River Delta centered on Guangdong, the Bohai Rim and the Northeast region centered on Huludao, and the Northwest region centered on Lanzhou. In the future, the southwest region centered on Chongqing and the Hercynian region centered on Quanzhou will be added in the future. As the industry develops, many problems have emerged, such as overcapacity, few high-end products, and serious product homogeneity. These problems have seriously affected the international competitiveness of my country's polyurethane industry and need to be resolved urgently. Polyurethane (PU) is an organic polymer product produced by the chemical reaction of isocyanate and active hydrogen. Its properties can be adjusted in a wide range, such as from sponge to elastomer, from paint to sealant, from shoe sole slurry to spandex and more. 1. The status of the international polyurethane industry 1.1 Development History of International Polyurethane Industry In 1937, German Otto Bayer first discovered that polyurethane could be produced by the addition polymerization of polyisocyanates and polyol compounds. After World War II, the United States, Britain, Japan and other countries introduced German technology for the production and development of polyurethane. In 1945, the American Dupont Company and Monsanto Company built a 2,4-toluene diisocyanate test workshop for the production of rigid polyurethane foam. In 1946, the United States carried out research on rigid polyurethane foam, and the products were used in aircraft sandwich panels. In 1952, Bayer conducted a pilot test of polyester-based flexible polyurethane foam. From 1952 to 1954, it developed a continuous method to produce polyester-based flexible polyurethane foam, and developed corresponding production equipment. In 1955, Japan introduced German and American technology and began the production of polyurethane resin. In 1957, the British company ICI developed polyester-type rigid polyurethane foam using diphenylmethane diisocyanate as raw material. In 1961, Bayer Company used polyisocyanate PAPI with low vapor pressure to prepare rigid polyurethane foam, which improved the performance of rigid products and reduced the toxicity during construction, and applied it to the on-site spraying process, expanding the application of rigid foam scope. In the early 1970s, thermoplastic PU elastomer (TPU) was successfully researched. In the early 1980s, PU engineering plastics came out, and the PU industry showed a new look. In the 1990s, polyurethane spray elastic materials developed rapidly and became a coating for large-area painting projects. 1.2 International Polyurethane Production International polyurethane production has been rising steadily. According to statistics, the total global polyurethane output in 2014 was about 21.5 million tons, and the proportions of various products are shown in Figure 1. Materials accounted for 16.28%, polyurethane coatings accounted for 15.12%, polyurethane elastomers accounted for 9.30%, spandex accounted for 2.33%, and polyurethane sealants and adhesives accounted for 3.49%. The development of fine chemical products such as polyurethane products has been regarded by various countries, especially developed countries, as one of the key strategies for upgrading and adjusting the traditional chemical industry structure, and diversification and refinement are regarded as the development direction of the chemical industry. By 2018, the global polyurethane production is about 23.07 million tons. At present, the growth of polyurethane is stable, and the global polyurethane production will exceed 25.7 million tons in 2022. According to data from BCC Research, the global proportion of various types of polyurethane products in 2021 is shown in Figure 2. Polyurethane foam still accounts for the largest proportion, about 61% (flexible foam 37% / rigid foam 24%), and polyurethane elastomers account for 15%, coating agents accounted for 10%, polyurethane sealants and adhesives accounted for 8%, polyurethane synthetic leather pulp, spandex, etc. accounted for 6%. Comparing the production situation in 2021 with that in 2014, the proportion of polyurethane foam, elastomers, adhesives and sealants production increased by more than 5%, while the proportion of coatings decreased. 1.3 International Polyurethane Sales Volume In 2014, foam plastics accounted for 63% of the total global polyurethane consumption, concentrated in Western Europe (18%), the United States (15%) and China (30%); elastomers accounted for approximately 800,000 tons, concentrated in China, Western Europe and the United States ; The consumption of shoe resin exceeds 3 million tons, concentrated in China; the consumption of coatings (including solvents) is approximately 3.5 million tons, concentrated in China (41%), Western Europe (23%) and the United States (17%). It can be seen that the global polyurethane consumption areas are concentrated in China, the United States and Western Europe. From 2019 to 2022, the global polyurethane consumption scale will generally maintain an upward trend year by year, with an average annual growth rate of about 6.7%. According to data from Agilentel Research, the global polyurethane market size is shown in Figure 3. It increased steadily from 2016 to 2019, declined slightly in 2020, and then showed an upward trend. From 2016 to 2021, the average annual compound growth rate was 7.1%, reaching 665 million yuan in 2022.

Michigan-based global technology company Altair and the Center for Automotive Research (CAR) have nominated Marelli's polyurethane foam for interior products as the 2023 Altair Enlighten Award winner in the Future of Lightweighting category. Altair is a global leader in computational science and artificial intelligence (AI), providing software and cloud solutions for simulation, high-performance computing (HPC), data analytics and artificial intelligence. Marelli has developed a new lightweight polyurethane foam that can be used in all foam-in-place (FIP) applications, especially for main instrument panels. This result was developed together with its materials partner Covestro. 40% weight reduction Compared to the foam currently in use, the new foam is 40% lighter with new tools (8% weight reduction when using existing tools); 50% reduction in foam thickness to support aesthetic styling; Raw material costs were reduced by 20%. In line with the industry's ongoing focus on sustainable and eco-friendly materials, the new foam also reduces the environmental impact of automotive production by reducing the amount of material used per part, reducing density and reducing volatile organic compounds (VOCs) by 80%. In addition to bringing environmental benefits, this lightweight foam meets or exceeds customer requirements for high-quality haptics and appearance of interiors. Foam-in-place (FIP) technology is a staple technology in automotive interiors, effectively achieving the soft-touch feel required for major contact surface parts such as main instrument panels, door panels, and center console armrests. Solvay's Ajedium PEEK slot liner was runner-up Solvay Specialty Polymers' Ajedium PEEK slot liner was the runner-up in the "Lightweighting of the future" category. Its Ajedium PEEK slot liner reduces battery pack weight by 12 kg (36.4 lbs) and motor weight by 4 kg (8.8 lbs). In addition, since the PEEK tank liner can be inserted through existing equipment, there is no need for high-power dust collectors or climate-controlled storage to prevent moisture absorption, reducing energy consumption. As EV manufacturers are increasing system voltages from 400 volts to 800 volts or higher, traditional paper laminate groove liners are no longer able to meet the challenges posed by this trend. "In comprehensive simulation tests, Ajedium PEEK films have proven their outstanding properties to improve the thermal, electrical and mechanical properties of the channel lining, while enabling thinner secondary insulation and providing a more sustainable mono-material solution," said Solvay's Head of Automotive Marketing. " Ajedium PEEK provides excellent electrical insulation and heat dissipation, as well as improved thermal management efficiency, enabling designers to reduce the size of aluminum castings and create more sustainable electric motors with less energy and material consumption. In addition, PEEK film has excellent chemical resistance to automatic transmission fluids (ATF) and good adhesion to varnishes. It also eliminates the need for dust collection equipment and climate-controlled storage, reduces energy costs, and improves workspace conditions. Thermoplastic Polyurethane (TPU) is a type of polymer resin that is known for its flexibility, durability, and versatility. It is a thermoplastic material, which means it can be melted and reprocessed multiple times without losing its original properties. TPU is commonly used in various industries, including automotive, electronics, footwear, and sportswear. It is often used to make products such as phone cases, cables, hoses, seals, gaskets, and inflatable structures.