Longhua New Materials has completed construction and successfully commenced production at its 330,000-ton-per-year polyether polyol expansion project, representing an investment of 150 million yuan and lifting the company’s total polyether capacity to 1.29 million tons annually, reinforcing its scale advantage in China’s domestic market. The new capacity focuses on high-activity soft foam polyether polyols and CASE-grade polyether polyols, widely used in automotive interiors,

BASF has announced a US$200/tonne price increase for MDI products in South Asia, coinciding with a steady upward trend in China’s domestic pure MDI market. Prices have risen in a clear stepwise pattern, driven by tight supply and reduced imports. In Shanghai, pure MDI has climbed from 18,400 yuan/tonne at the start of the month to around 19,500 yuan/tonne, supported by higher factory guidance prices. Shanghai’s November listing price rose by 500 yuan/tonne to 24,000 yuan/tonn