HC Plastics News:
Uda Chemical mainly produces polyols, polyurethane resins, compounds and prepolymers. The company exhibited environmentally friendly polyurethane resins and inks at the 2018 China International Polyurethane Exhibition.
The resin products exhibited by the company include: solvent-free synthetic leather resin, reduced alkali microfiber resin, and water-based coil coating resin.
The polyurethane inks exhibited by the company have low solvent residues and are suitable for dry compounding and solventless compounding.
Feng Li, general manager of Yutian Guangzhou Branch, said that Yutian expects that its new plant in Qingdao, Shandong Province will soon be fully operational, bringing the company's total capacity to 400,000 tons per year. The company achieved revenue of 3 billion yuan ($438 million) last year, a double-digit growth compared to 2016.
With the completion of the expansion project, the company expects growth to slow down in the next few years, but it should still keep pace with China's GDP growth rate.
Feng is confident in the development prospects of solvent-free leather resin and microfiber resin in the next decade. 
Editor in charge: Honor
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