Skip to main content
Sister Publication Links
  • Middle East Foam & Polyurethane
  • UTECH Asia/PU China
  • UTECH Europe
  • UTECH Las Americas
Subscribe
  • My Account
  • Login
  • Subscribe
  • Ukraine
  • News
    • Asia
    • Americas
    • Europe
    • M & A
    • Financial results
    • Automotive
  • Data
  • Information
    • Country Overview
    • Market Sector overviews
    • Technical articles
    • Company profiles and strategies
  • Events
    • Exhibitions
    • Conferences
    • Webinars / Livestreams
    • Become a Speaker
  • Advertise
  • Contact Us
  • Issues
  • Subscribe
MENU
Breadcrumb
  1. Home
  2. News
October 30, 2017 12:00 AM

China’s Maysta to build new surfactant facility

Jane Ho
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    Nanjing, Jiangsu – Surfactant maker Jiangsu Maysta Chemical is planning to build a new 6kT/year facility at its existing site in Nanjing Chemical Industry Park, pending regulatory approval.

    When complete, the new capacity is scheduled to produce 3kT/year of products for rigid foam, 2kT/year flexible foam and 1kT/year for high-resilience foam, said the company’s filing in August. An additional 200T/year trial facility is also included.

    Maysta will pump CNY44m ($6.6m) into the surfactant project, which is expected to generate CNY23m annual net profit on CNY163m sales when in operation, scheduled in July 2018.

    Over the first half of 2017, the company sold 5.3kT rigid foam surfactants and 1.2kT flexible foam surfactants bringing in CNY157m revenue, said its half year report.

    Although the company's revenue grew by 11%, net profit dropped 20% to CNY30m due to rising feedstock prices – a 52% year on year jump for siloxane (D4) and 10% for polyethers.

    China's slowdown in domestic application markets such as home appliance, furniture and automotive also added to the situation, said the report.

    Currency Conversion: Xe.com

    Recommended for You
    corn maize 800
    BASF deal with Qore secures supply of raw material for biobased TPU
    Novel XDI-based crosslinker creates flexible adhesives with good recovery
    Novel XDI-based crosslinker creates flexible adhesives with good recovery
    huntsman machine pouring LTPU 800
    Huntsman launches liquid TPU system for rapid midsole production
    Latest Issue
    urethanes technology
    Get the latest edition here
    View All Archives
    Get our newsletters

    Breaking news and in-depth coverage of essential topics delivered straight to your inbox.

    Subscribe today

    Register to access our archive of leading information on the polyurethanes industry.

    Subscribe now
    Connect with Us
    • Twitter
    • LinkedIn
    • Facebook
    • Youtube

    Follow us on social media for the latest polyurethanes industry news and event updates.

    Logo
    Contact Us

    Crain Communications
    11, Ironmonger Lane
    London
    EC2V 8EY
    United Kingdom

    Editorial
    Phone +44 (0) 20 3287 5935
    Email click to send

    Customer Service
    Phone +1 313 446 0450
    Email click to send

    Resources
    • Advertise with Us
    • Media Kit
    • Staff
    • Careers
    • Ad Choices
    • Sitemap
    Legal
    • Terms and Conditions
    • Privacy Policy
    • Privacy Request
    Copyright © 1996-2023. Crain Communications, Inc. All Rights Reserved.
    • Ukraine
    • News
      • Asia
      • Americas
      • Europe
      • M & A
      • Financial results
      • Automotive
    • Data
    • Information
      • Country Overview
      • Market Sector overviews
      • Technical articles
      • Company profiles and strategies
    • Events
      • Exhibitions
      • Conferences
      • Webinars / Livestreams
      • Become a Speaker
    • Advertise
    • Contact Us
    • Issues
    • Subscribe