On February 18, Cangzhou Dahua issued an announcement stating that the company’s current production and operation of the 120,000-ton TDI device is normal, except for the 30,000-ton TDI device that has been temporarily suspended. The market environment and industry policies have not undergone major adjustments (the internal and external operating environment has not occurred). Significant changes), the sales price did not fluctuate significantly.
It is understood that the downstream of TDI mainly includes soft foam such as upholstered furniture and car seats, followed by the coating and adhesive industries. To put it simply, TDI is the core raw material of mattresses, pillows, furniture and other products-the chemical element that plays a decisive role in the foaming process of sponges and is indispensable.
According to data, Cangzhou Dahua Group Co., Ltd. is a large-scale comprehensive chemical enterprise group controlled by China National Chemical Corporation, with fertilizer and TDI as its leading products, and is a wholly state-owned enterprise. The group has 6 subsidiaries (including 1 listed company), which mainly have an annual production capacity of 360,000 tons of synthetic ammonia, 580,000 tons of urea, 150,000 tons of TDI, 160,000 tons of caustic soda, concentrated nitric acid and ammonium nitrate. Among them, "Iron Lion" brand urea and "Flying Lion" brand have won the market reputation for their reliable quality and service.
The predecessor of Cangzhou Dahua was a national first-level enterprise-Hebei Cangzhou Fertilizer Plant. It was one of the first 13 large nitrogen fertilizer companies introduced and constructed in China in the early 1970s. The plant was established in 1974 and put into operation in 1977. In June 1996, it changed from a factory system to a company system. In October 2006, it reorganized and cooperated with China National Chemical Corporation. After more than 30 years of unremitting efforts, through continuous technological transformation, elimination of outdated production capacity, and implementation of industrial upgrading, it has developed into an important isocyanate and fertilizer production base in China. The total production capacity of tdi has become the largest in China and ranks among the world's four largest manufacturers .
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