Wanhua Chemical's net profit in 2021 is 24.649 billion, a year-on-year increase of 145.47%, and the volume and price of main products have risen

On March 8, Wanhua Chemical released the 2021 annual performance bulletin announcement.

According to the announcement, the total assets of Wanhua Chemical were 190,309,582,300 yuan, an increase of 42.

During the reporting period, the vaccination rate of major economies in the world increased, the economy recovered, and the global market demand for chemical products was boosted

During the reporting period, the supply and demand of global chemical products were out of balance in stages, and the prices of chemical products generally rose.

During the reporting period, the growth of the company's revenue scale has brought about an increase in accounts receivable, raw materials and finished product inventories, and an increase in investment in engineering projects.

Wanhua Chemical is mainly engaged in polyurethane (MDI, TDI, polyether polyol), ethylene, propylene and its downstream HDPE, LLDPE, PP, PVC, acrylic acid, propylene oxide and other petrochemical products, SAP, TPU, PC, PMMA, organic Research and development, production and sales of fine chemicals and new materials such as amine, ADI, and water-based coatings