[Coal Chemical Industry] China's chemical mixed ownership reform takes a new step

On January 21, the signing ceremony of the mixed ownership reform of China Chemical Hualu Company was held in Xi'an.

Dai Hegen, Secretary of the Party Committee and Chairman of China Chemical, pointed out that Wanhua Chemical insists on scientific and technological innovation as its core driving force and has become the world's leading high-quality supplier and service provider of high value-added new chemical materials such as MDI and TDI.

Liao Zengtai, Secretary of the Party Committee and Chairman of Wanhua Chemical, stated that the signing of the contract signifies that Wanhua Chemical has formally become a strategic investor of Hualu.

"The cooperation between China National Chemical and Wanhua Chemical has achieved a strong alliance.

It is understood that in the past 20 years, Hualu Company and Wanhua Chemical have accumulated nearly 100 cooperative projects, creating a number of model projects, focusing on Wanhua Chemical’s independent research and development process technology, in isocyanate, high-end chemicals and new chemical materials series products Carry out long-term and stable technical and engineering cooperation in Shanghai and become an important strategic partner.

On the same day, Wanhua Chemical and Hualu Company signed a batch of project contracts to promote practical cooperation between the two parties.

(Keywords: chemical reform)