19th Jan, 2022, the raw material supplier of silicone, LUXI CHEMICAL GROUP CO.,LTD publish their annual audit report. In 2021, they achieved the net profit as 4.5~4.6 billion RMB, up to 451.63%~463.75% growth compared to 2020.

In the first half of this year, 900,000 tons of monomer production capacity has been built to be put into production, but it is currently in the commissioning stage, and the progress of production is not as good as expected. It is expected to be put into the market in the second quarter.

As a professional PU foam and silicone sealant manufacture, apart from producing PU FOAM and Silicone sealant, we GNS are also committed to developing more diversified products base on our professional innovative research team and co-lap with BASF in Shanghai.

The silicone sealants market size was valued at USD 4128. 82 million in 2021, growing at a CAGR of 5.

BASF SE has announced that the implementation of the methylene diphenyl diisocyanate (MDI) capacity increase program for BASF’s Verbund site in Geismar, Louisiana, is progressing on schedule.

Covestro has signed its first commercial contract for supplying its ISCC Plus certified polyurethane raw material TDI from mass-balanced feedstock to Sinomax, a global manufacturer and distributor of polyurethane-based comfort products, as it continues to help downstream industries reduce their carb......