On July 27, the US "Chemical and Engineering News" (C&EN) released the list of the top 50 global chemical companies in 2020. Wanhua Chemical entered the list again with USD 9.9 billion, up 5 places from last year and ranked 32nd.
Wanhua Chemical Group Co., Ltd. was established in 1998 and listed on the main board of the Shanghai Stock Exchange in 2001. After more than 20 years of development, Wanhua Chemical has become the world's largest MDI producer. This product is one of the main raw materials for the preparation of polyurethane. The industries it serves mainly include living and home furnishing, sports and leisure, automobile transportation, construction industry and electronics Electrical appliances and other fields.
At present, Wanhua Chemical has established three integrated chemical industrial parks in Yantai, Ningbo, Europe and Hungary in the world, and has developed into a highly competitive supplier of polyurethane, petrochemicals, fine chemicals and new materials, and the world's leading MDI supply and Service provider, mainstream supplier of TDI, ADI, polyether, TPU and other products. The company enters the propylene and ethylene industries and gradually expands the petrochemical industry cluster. Vigorously cultivate high-tech, high-value-added fine chemicals and new materials industrial clusters, through technological innovation, build upstream and downstream integrated competitive advantages, and enhance customer diversification, customized product supply and service capabilities.
In recent years, Wanhua has accelerated the pace of globalization. Domestically, the production bases in Ningbo, Yantai, and Zhuhai are still expanding and optimizing. The Fujian base and Meishan base projects have also been officially launched; overseas, the integrated supporting capabilities of European BC companies are gradually improving, and it has become an international implementation in Europe. The bridgehead of globalization strategy. It is worth mentioning that, in order to cope with the increasingly frequent trade frictions and increasingly fierce competitive environment around the world, Wanhua has further improved the global supply chain management system, built a global resource integrated management platform, and improved the warehousing and logistics management and control systems in major markets. , Choose the opportunity to set up a technical center and service center focused on customer needs, truly take customer needs as the guide, get close to the market, deeply understand customer needs, and fully participate in global competition.
According to the financial report of listed companies on July 20, Wanhua Chemical has a market value of 205.025 billion yuan, becoming the first listed company in Shandong with a market value of over 200 billion yuan, ranking 47th among nearly 3,900 stocks in the country.
