锦湖三井化学再扩MDI产能

Core Viewpoint - Mitsui Chemicals' joint venture Kumho Mitsui Chemicals announced an expansion of its MDI production facility in Yeosu, South Korea, increasing annual capacity from 610,000 tons to 710,000 tons by adding 100,000 tons/year of capacity, with operations expected to start in May 2027 [1] Company Summary - The Yeosu plant's expansion is the second significant capacity increase in a short period, following a previous expansion that raised capacity from 410,000 tons/year to 610,000 tons/year, which is set to be operational by the end of September 2024 [1] - The expansion aligns with global trends in the MDI industry, driven by increased demand from the construction, automotive, and home appliance sectors, with an expected annual demand growth of 5% for MDI [1] Industry Summary - The supply side is experiencing tightening due to rising energy costs and maintenance at some plants, leading major players like BASF and Huntsman to adjust prices, indicating the industry is entering a favorable cycle [1]