Miracll(SZ:300848)2024-03-20 01:04Project Progress - The construction and installation of the Henan project are nearly complete, with ongoing work on process piping and connections. The specific production timeline is uncertain due to policy and procedural factors [2][3] - The Henan project has two production lines: one for HDI with a designed capacity of 100,000 tons, and another for CHDI/PPDI with a designed capacity of 20,000 tons. The HDI line will be the largest single-unit capacity globally, enhancing product supply stability and competitiveness [3][4] Product Capacity and Market Development - The HDI product validation cycle varies by application and customer type, typically taking over 6 months for high-end applications and shorter for industrial and local clients [3][4] - A dedicated sales team has been established to develop downstream customers for special isocyanates and amines, with positive market feedback and ongoing marketing strategy refinement [3][4] Market Capacity and Competition - The market for HDI is dynamic, and the current supply constraints will improve significantly post-Henan project launch, facilitating downstream application expansion [4] - The company aims to be a leading global supplier of new materials, focusing on brand reputation and market growth rather than destructive competition. Advanced technology and low investment costs in the Henan project will help navigate market changes [4] Supplier Selection - Supplier selection for hexamethylenediamine considers overall strength, product quality, pricing, and supply stability. The company is in discussions with potential suppliers and is working on agreements [4]