PU elastane leader Huafon debuts with upstream materials
24 Aug 2016
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Shanghai, China – China’s largest PU elastane maker Huafon, with other businesses in shoe sole and leather resins, insulation materials and TPU, debuted the UTECH Asia event this year with its polyester polyol and adipic acid products.
The company has 300kT/year capacity for polyol and 360kT/year for adipic acid, and 90 percent of the production has been supplied to its own facilities, marketing manager of Huafon’s sales arm Xu Xu told UTECH-polyurethane.com. “Now we are looking for external opportunities.”
China’s polyol production might shrink over the next few years due to increasing competition from Southeast Asia, but TPU will bring a new growth point, said Xu.
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