Chinese alternatives to BASF
3 China-built polyurethanes, acrylic monomers and engineering plastics options.
Modified (compounded) and recycled plastics, specialty engineering plastics such as LCP, PPA and PEEK, biodegradable plastics and fibre-reinforced composites for cars, appliances and electronics. Sold 2.95 Mt of modified plastics in 2025; has plants in the US, Europe, India, Vietnam and Malaysia.
- Chemicals & Plastics
- Processing
- Global-ready
Ethylene cracked from US ethane at Lianyungang, with polyethylene, ethylene oxide and glycol, plus propylene, polypropylene, acrylic acid and acrylate esters, superabsorbent polymers and polymer emulsions made in Jiaxing and Pinghu. 2025 revenue was CNY 46.1B, 17% of it from outside China.
- Chemicals & Plastics
- Processing
- Cost-effective
MDI and TDI isocyanates, polyether polyols, TPU and other polyurethanes, plus polycarbonate, ethylene and propylene derivatives and specialty chemicals, made in Yantai, Ningbo, Fujian and at BorsodChem, Hungary. Had 3.8 Mt/yr of MDI capacity at end-2025; 47% of 2025 revenue came from outside China.
- Chemicals & Plastics
- Processing
- Global-ready