Shanghai, China – Chinese polyether polyol maker Bluestar Dongda is to build a new site in Quanzhou, Fujian with up to 300kT/year polyols. It is slated to come on stream in late 2022 or early 2023.
It will be a joint venture with its parent company SinoChem, sales vice president Wang Yong told UTECH-polyurethane.com at PU China/UTECH Asia. Further details have not been made public.
Bluestar Dongda already has two sites in Zibo, Shandong province, each with 300kT/year capacity. The older site will eventually be closed, and a portion of its capacity will be relocated to the new site, Wang said.
The company brought a range of newly developed polyols to the show. These have applications areas such as optical cable coatings, waterproof coatings and sealants. It sells more than 100kT polyols to the overseas markets each year.
Wang believes that as competition intensifies, a company’s key strength lies in its ability to identify new applications for clients. ‘You need to lead customers’ needs,’ he said. ‘No one would ask for coffee if they’ve never heard of coffee.’
Wang also believes Chinese chemical companies will hasten their efforts to develop technologies currently only held by overseas businesses, citing Huawei.