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MDI growth in 2010

 
 

An export recovery that proved to be better than expected, combined with explosive growth in domestic demand for appliances and automotives caused Chinese MDI consumption to increase by double digit rates (20 % growth in 2009).

MMDI consumption is reported to have increased by 10 % to 300,000 tons and PMDI by nearly 25 % to 700,000 tons.

Government stimulus policies are expected to maintain high levels of demand for new cars and appliances throughout 2010, creating a demand for as much as 1.2 million tons of MDI in total.

MDI capacity in China totalled 1.14 million tons in 2009, with output of some 700,000 tons. Output is expected to reach 935,000 tons in 2010 to meet demand.


 

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