Big Events along the TDI Value Chain in 2018
2018-11-12    [Source:PUdaily]
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PUdaily, Shanghai-In 2018, the capacity of BASF’s 300k t/a TDI facility in Ludwigshafen, Germany and that of Sadara’s 200k t/a TDI facility are expanded, disrupting the overall balance of global supply and demand. Thus, growth in demand is slower than the expansion of capacity. Also, the global economic and political situation is complex, resulting in weak momentum of global economic recovery. Besides, the storm of domestic environmental inspection gains momentum. Some companies have to carry out rectification within the specified time or completely shut down their facilities. In 2018, as domestic and global TDI prices set on a downward trajectory, the traditional sales policy adopted by TDI manufacturers , the dealers’ management and sales model as well as the purchasing habits of downstream customers gradually change.
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