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Wanhua History

Wanhua History

Yantai Wanhua Polyurethane Co., Ltd. was established on December 20, 1998 and was listed on the Shanghai Stock Exchange (Stock No. 600309) on January 5, 2001. Renamed Wanhua Chemical Group Co. , Ltd., Wanhua was the first previously state-owned corporation to transition to public ownership. In 2005, Wanhua implemented an international strategy, establishing domestic production, sales and R&D facilities in Yantai, Ningbo, Beijing, Shanghai and Zhuhai, and more than ten international facilities in the United States, The Netherlands, Japan, India, etc. In 2011, Wanhua made a giant leap on to the international stage, acquiring the Hungarian company BorsodChem. The acquisition established Wanhua as a major international chemical producer and saved 2700 Hungarian jobs. In Yantai, Wanhua Chemical is building a 10 square kilometers production base, one of the largest chemical production facilities in the world. In the years to come, Wanhua Chemical will be undergoing a process of diversification, adding many more chemical products outside of isocyanates.

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