Research and Markets: Analysis of China MDI Industry and Yantai Wanhua Polyurethanes...

Research and Markets: Analysis of China MDI Industry and Yantai Wanhua Polyurethanes Co., Ltd

DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/5af21c/analysis_of_china)
has announced the addition of the "Analysis of China MDI Industry and
Yantai Wanhua Polyurethanes Co., Ltd" report to their offering.

In recent years, global MDI capacity has a rapid expansion,
reached 4.826 million tons in 2007, a compound annual growth rate over
20 per cent. Global MDI production capacity mainly concentrated in
Europe and the United States. In 2007, the United States accounted for
30 percent of the global production capacity, Europe accounted for
more than 40 percent, while China MDI production capacity accounted
for only 14 percent.

BAYER, BASF and Wanhua are the main China polymerization MDI
suppliers; MITSUI, NPU have taken small part of the supply.
Polymerization MDI supply in China has been continuing to grow;
domestic suppliers provided 38 percent of total supply in 2007.
However, due to the downstream of products of MDI maintained a rapid
growth; therefore, the balance between supply and demand will not
change rapidly in a short-term in China. From 2000 to 2007, the
consumption of MDI had a compound annual growth of 21%; meanwhile, the
expectation of MDI consumption will be a 13 percent growth in the next
few years.

The main downstream of products of pure MDI are synthetic leather
paste, soles solution and polyurethane, which are accounted of pure
MDI consumption 35%, 23%, 16% respectively. In terms of the growth of
each product, and consideration of TPU and adhesives, the demand of
pure MDI in China is expected to grow 10-12% roughly in 2008

The major cost of MDI is aniline. The oversupply of aniline has
been revealed in the global and domestic markets.

Yantai Wanhua is the largest MDI manufactory in the Asia-Pacific
region. It made 337,400 tones of MDI in 2007, an extra 92,000 tones
than 2006. Yantai Wanhua is the main supplier, providing 33.6 per cent
of MDI in domestic market.

In 2007, Yantai Wanhua made 1.481 billion yuan of net profit, rose
71.56 percent year-on-year; the gross profit margin of Pure MDI and
Polymerization MDI were 50.50 percent and 40.68 percent respectively,
a slight growth over 2006; it also made 1.508 billion yuan of overseas
sales, an increase of 86.6 percent year-on-year, it accounted of the
total income rose to 19.32 percent.

The MDI production capacity of Yantai Wanhua is planned around
500,000 tons in 2008, MDI output of 400,000 tons, MDA output of 8,500
tons and TPU output of 13,000 tons.

Key Topics Covered:

1. The brief of MDI and industrial chain

1.1 Introduction of MDI

1.2 MDI industrial chain

2. Global MDI industry: balance between supply and demand

2.1 Supply

2.2 Demand

3. Chinese MDI industry

3.1 The market of polymerization MDI

3.2 The demand of pure MDI

4. The supply, demand and price of raw materials

5 Yantai Wanhua

5.1 Brief of Yantai wanhua

5.2 Performance

5.3 Expansion of production capacity

5.4 Analysis of price

5.5 Operating strategy

5.5.1 The establishment of company industrial chain

5.5.2 Expansion of downstream of product

5.5.3 The global market Strategy

Companies Mentioned:

- Yantai Wanhua

For more information visit
http://www.researchandmarkets.com/research/5af21c/analysis_of_china.

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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