A contract-signing ceremony of projects in new material industry functional area of Chengdu city was held on this Tuesday. 5 projects of Wanhua Chemical, valuing 3.14 billion Yuan has settled in Tianfu New District of Chengdu, which can bring revenue of 5 billion Yuan once completed.
Wanhua announced to invest additional 500 million Yuan at the signing spot. As world’s third largest company in new material industry, Wanhua mainly produce, develop and sell MDI products, and is the largest MDI producers in Aisa. Its products are widely used in aerospace, national defense, construction, transportation and home appliance.
Up to now, Tianfu new district has attracted 66 projects, amounting to 46.4 billion Yuan.