Last updated at: (Beijing Time) Tuesday, March 30, 2004
World's largest MDI, TDI project starts construction in Shanghai
The world's biggest MDI and TDI project, which will require a total investment of 1.12 billion US dollars, started construction in the Shanghai Chemical Industry Park on Monday.
The world's biggest MDI and TDI project, which will require a total investment of 1.12 billion US dollars, started construction in the Shanghai Chemical Industry Park on Monday.
Both MDI, or methylene diphenyl diisocyanate, and TDI, or toluene diisocyanate, are hydrophobic and insoluble in water. They are key components for production of polyurethane polymers used in light industry, construction, automobiles machinery and electronic sectors.
The newly launched project is financed by a joint venture established by BASF of Germany, Huntsman of the United States, Sinopec (Holdings) Co., Sinopec Shanghai Gaoqiao Petrochemical Co.Ltd, Huayi (Group) Company of Shanghai, and Shanghai Alkali- Chloride Chemical Industry (Holdings) Co., according to sources from the committee for administration of the Shanghai Chemical Industry Park.
The project will mainly produce 240,000 tons of MDI and 160,000tons of TDI a year, along with other side products such as nitric acid, dinitrotoluene and nitrobenzene. It will be completed and put into operation in September 2006.