Top 10 Chemical Raw Material Brands in China (Maigoo)

【Answer 1】 Dow Chemical, founded in 1897, is a specialized global materials science company with business portfolios spanning plastics, industrial intermediates, coatings, and silicones. It delivers diverse products and solutions for packaging, infrastructure, transportation, and consumer care. Dow entered the Chinese market in 1979, establishing a comprehensive network comprising commercial offices, manufacturing bases, and innovation centers. In 2015, it merged with U.S.-based DuPont to form DowDuPont. 4. Rongsheng Petrochemical Rongsheng Petrochemical is a leading enterprise in China’s petrochemical and chemical fiber industry and one of the world’s largest PTA producers. It engages primarily in the production and sale of petrochemical and chemical fiber products, with an integrated industrial chain covering refining and petrochemicals, aromatics, olefins, purified terephthalic acid (PTA), monoethylene glycol (MEG), polyester (PET—including bottle-grade resin and film), and polyester filament yarns (POY, FDY, DTY). Its polyester and spinning facilities—including texturing—rank first in China in terms of production scale, raw material consumption per unit output, and product quality. 5. China National Petroleum Corporation (CNPC) China National Petroleum Corporation (shortened as CNPC) is a key state-owned backbone enterprise and one of the world’s major oil and gas producers and suppliers. It is a comprehensive international energy company engaged in domestic and overseas oil and gas exploration and development, new energy, refining and marketing, new materials, supporting services, and capital and financial businesses. CNPC dominates oil and gas exploration and development in China and conducts oil and gas investment operations in 35 countries and regions worldwide. 6. Wanhua Chemical Wanhua Chemical was established in 1998 and listed on the Shanghai Stock Exchange in 2001. It is a globally operating advanced chemical materials company whose business covers five major industrial clusters: polyurethanes, petrochemicals, fine chemicals, emerging materials, and future industries. Wanhua Chemical operates nine major production bases and factories worldwide and has subsidiaries and representative offices in over ten countries and regions—including Europe, the United States, and Japan—committed to delivering highly competitive products and integrated solutions to customers globally. 7. Covestro Covestro was founded in 2015 as a spin-off from Bayer MaterialScience, which originated from Bayer Group’s chemicals and plastics division. Covestro is a premium polymer supplier offering sustainable development solutions. Its products serve multiple sectors including automotive, construction, healthcare, cosmetics, energy, electronics, sports, and leisure. Its production facilities are located across approximately 30 countries and regions worldwide. 8. Hengli Group Hengli Group was founded in 1994 and is an international enterprise dedicated to the integrated development of refining, petrochemicals, polyester new materials, and textiles. It owns large-scale PTA plants, functional fiber production bases, and weaving enterprises. The group has undertaken more than 60 major scientific and technological projects at provincial and industry-association levels. Its independently developed core technologies for polyester fibers have won the ‘National Science and Technology Progress Award’.

Towards 2035: Huntsman Anchors a New Course for Sustainable Development Through Materials Innovation — Huntsman Releases its ‘2025 Sustainability Report’

【Answer 2】 Aligned with its global sustainability strategy, Huntsman continues to implement practical initiatives across the Asia-Pacific region—including China—by reinforcing localized R&D and production capacity investments, deepening collaboration among industry, academia, and research institutions, and developing low-carbon material solutions tailored to local processing requirements, cost structures, and emissions-reduction targets. This effort aims to co-build a green industrial ecosystem with supply chain partners. Hard-core empowerment: Multi-dimensional innovative materials addressing bottlenecks in domestic industrial transformation The chemical industry plays a pivotal role in enhancing energy efficiency and facilitating the transition toward low-carbon energy. Through innovative emissions-reduction solutions, Huntsman’s products are projected to help reduce lifecycle carbon emissions by several million tons annually[1]. Taking new-energy vehicles, commercial aviation, ultra-low-energy buildings, and high-end PCB manufacturing as examples, Huntsman precisely addresses sector-specific transformation challenges—meeting both customer needs and regulatory requirements—to build a diversified portfolio of low-carbon materials that balance performance, safety, and decarbonization benefits. In transportation and new energy, Huntsman’s SHOKLESS™ battery potting system offers vibration damping, structural support, and thermal management capabilities while enabling automated mass production—enhancing energy efficiency and safety for next-generation electric vehicles. Its polyetheramine fuel additives improve engine cleanliness and combustion efficiency, boosting fuel economy by approximately 3% and reducing exhaust emissions. Its resins and curing agents can reduce aircraft weight by 20%, further improving fuel efficiency. ARALDITE® eco-friendly epoxy adhesives eliminate hazardous volatile components, improving workshop working conditions at the source and comprehensively enhancing frontline production safety. In energy-efficient insulation, Huntsman’s global operations team leverages cross-functional collaboration to comprehensively optimize its polyether polyol product line—integrating polyester polyol and Mannich polyether polyol production—ensuring stable supply for Huntsman Building Solutions (HBS) and enhancing end-to-end operational sustainability. Simultaneously, through formulation optimization, raw material restructuring, procurement strategy refinement, and global production capacity realignment, Huntsman further improves asset efficiency and sustainability—injecting stronger momentum into MDI and polyether growth within the insulation materials sector. On the AI frontier: With rapid advances in artificial intelligence (AI), high-performance computing (HPC), and data centers, massive volumes of data demand faster, more stable transmission between chips—raising higher performance requirements for high-speed printed circuit board (PCB) materials. Huntsman’s ultra-low-loss (ULL) materials significantly reduce dielectric loss, minimizing energy loss and heat generation during signal transmission. This helps PCBs maintain excellent signal integrity under high-speed operation, providing reliable material support for next-generation AI infrastructure, high-performance computing, and data center applications.