Shanghai, China – Yutian Chemical, which makes of polyols, PU resins, systems and prepolymers, showcased environmentally friendly PU resins and ink at PU China 2018.
PU China 2018: Yutian showcases greener PU resins and ink
The resin products include solvent-free resin for synthetic leather, resin for microfibres with reduced alkali, and waterborne coil coating resin.
The PU ink has low solvent residue and is suitable for dry compounding and solvent-free compounding.
Yutian expects its new plant in Qingdao, Shandong to come fully on stream shortly, bringing the company’s total capacity to 400kT/year, said general manager of Yutian’s Guangzhou subsidiary Feng Li. It posted CNY 3bn ($438m) revenue last year, representing two-digit growth rate from 2016.
With the completion of the expansion project, the company expects its growth to slow down over the next few years. It should, however, remain neck-and-neck with China’s GDP growth rate.
Feng is confident of the prospects of growth in solvent free leather resin and microfibre resin for the next decade.