<b>Major events in my country’s PU industry in 2018 (TDI industry)</b>

<b>Major events in my country '>

2018 has entered the fourth quarter. The polyurethane industry has encountered brutal transformation and reshuffle. The degree is not as good as last year, and the net profit of most companies in the first three quarters has declined compared with last year. Tiantian Chemical Network took this opportunity to list the most influential major events in the polyurethane TDI industry in 2018 for readers to review 2018 The ups and downs of the polyurethane TDI industry.

1. Gas leak forces India GNFC to close Dahej TDI plant
On January 16, Indian fertilizer and chemical company GNFC said , the company immediately shut down the TDI factory in Dahej after the gas leakage accident.
"On the morning of January 15, 2018, Dahej Company's TDI-II plant suddenly leaked, and the plant was shut down urgently" However , In order to carry out effective prevention, the management decided to suspend the production of the factory, and the recovery time is to be determined. The company clarified that the accident did not cause any loss of life or property.
GNFC said, "To thoroughly investigate and analyze the root cause of the accident, in addition to the existing safety precautions, the implementation of safety measures will be further evaluated. Prior to this, the factory has been closed." "The company decided to close indefinitely TDI-II factory, the preparation process must be fully carried out, the inspection and coordination must be further in-depth, and the evaluation work must be fully carried out. Before all this is over, Decided to follow through."
In November 2016, a mechanical failure in the company's chemical reactor led to the release of toxic phosgene, and the plant was shut down. Six people died in the accident. After being closed for more than three months, commercial operations were restarted in February last year.
Prior to the restart, the national PSU had already conducted a security audit of a multinational company. Under the supervision of experts from several countries, the British company Lloyd completed the safety/hazardous operation and asset stability studies.
TDI is mainly used in the manufacture of flexible polyurethane foam, furniture pads, industrial gaskets, sports and medical pads, car seat furniture , lining and sun visor etc.
On the Bombay Stock Exchange (BSE), GNFC shares fell 4.73% to close at Rs 515.

2. GNFC India Restarts TDI Unit
GNFC India Fertilizer and Chemicals Company has restarted its TDI plant class=link href="/TDI/" target=_blank>TDI - II factory.
The factory leaked on the morning of January 15, 2018. No one was injured. It was subsequently closed and reopened on January 23. GNFC previously said the plant had been closed "without any damage to property or loss of life".
GNFC thanks Director of Gujarat Industrial Safety and Health Department for visiting the plant and making safety recommendations.

3. BASF's US TDI plant declared force majeure
According to reports, it was affected by continuous bad weather and cold waves in January. The US Geismar TDI plant was unable to operate normally. At the same time, its gas supplier also experienced production failures, which affected the TDI factory raw material supply, therefore, BASF USA had to announce TDI and related products force majeure. It is reported that the annual production capacity of the plant is 160,000 tons.

4. BASF will start the TDI plant in Ludwigshafen
Kurt Bock, CEO of BASF ) said at the company's annual results press conference that in the coming months, BASF will start up the TDI plant in Ludwigshafen. The plant is scheduled to ramp up production in March and April, but Bock declined to give a date when the plant will be at full capacity.
He said: "We are replacing the reactor, which is the spare reactor we put into use at the plant last year. Now, we are going to install the new reactor, which is currently being installed. This will further increase BASF's production capacity.
He added: "Operating the TDI plant in Ludwigshafen is fraught with challenges.�.

13. BASF was forced to reduce production due to low water levels in the Rhine.
Due to persistent high temperatures and low water levels in the Rhine, BASF had to adjust production and logistics at its Ludwigshafen plant.
Authorities have imposed limits on the amount of cooling water companies can draw from the Rhine. In addition, the temperature at which cooling water re-enters the river is also limited to a certain degree. In order to meet these requirements, BASF had to gradually adjust production at its Ludwigshafen plant.
Furthermore, if the water level continues to drop, the amount of goods that can be transported via the Rhine will be limited. At present, although the water level of the Rhine is low, inland water transport can still be maintained by using more ships. Given the pessimistic forecasts for weather and water levels, BASF is negotiating with customers about alternative modes of transport.
If the current severe weather conditions continue, in rare cases, deliveries may be blocked. BASF is in close contact with customers on this issue.

14. Cangzhou Dahua: 50.98% of the state-owned property rights of the parent company were listed and transferred on the Beijing Stock Exchange
According to news from the Beijing Stock Exchange on August 28, Cangzhou Dahua’s indirect controlling The stock exchange publicly listed and transferred 50.98% of the state-owned property rights of Dahua Group, the controlling shareholder of the company, at a transfer price of 4.203 billion yuan. If the transfer of the property rights of Dahua Group, the controlling shareholder of the company, is successful, the actual controller of the company may change.

15. Yinguang TDI was selected into the green manufacturing integration project
Recently, the Ministry of Industry and Information Technology announced the "2018 Green "Manufacturing System Integration Project" list, China Weapons Gansu Yinguang Chemical Industry Group Co., Ltd. toluene diisocyanate (referred to as TDI) product green design platform construction project was successful Selected. Yinguang Group's TDI product green design platform construction project revolves around TDI For the green production process of products, start from breakthroughs in key technologies to study key technologies and methods of green design; sort out and build basic data for green design systems, and establish a database of basic information for green manufacturing; establish TDI green product design platform, optimize algorithm for green process planning and design, realize product green design demonstration and verification; start with the development and establishment of green design and management tool set, establish TDI product life cycle green evaluation system; form green design and green key technology related standards, and become the domestic TDIProvide solutions for product technology upgrades, green manufacturing, etc. The green manufacturing system integration work is jointly implemented by the Ministry of Industry and Information Technology and the Ministry of Finance. It will support enterprises to form a consortium to implement system integration transformation covering all technological processes and supply and demand links, and focus on supporting the construction of green design platforms, breakthroughs in green key processes, and the construction of green supply chain systems.

16. The United States launched an anti-dumping investigation against Chinese mattresses
News from China Trade Remedy Information Network, October 10, 2018, in response to the application submitted by many domestic mattress companies on September 18, the U.S. Department of Commerce Announced the launch of an anti-dumping investigation on mattresses imported from China. According to U.S. statistics, in 2017, the U.S. imported mattresses from China with a total value of about 436.5 million U.S. dollars. This case involves products under the U.S. Harmonized Tariff No. .9095, 9401.40.0000 and Some products under 9401.90.5081.