Wanhua Chemical Group Co Ltd - Company Profile
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Wanhua Chemical Group Co Ltd (Wanhua Chemical) is a global supplier of innovative chemical products. The company's main activities include the production and distribution of polyurethanes, petrochemicals, and performance chemicals. Its major products encompass isocyanates, polyether polyols, and various olefin derivatives. Wanhua Chemical serves a diverse range of industries, including homeware, furniture, sports, leisure, automotive, construction, electronics, and personal care. The company operates through a network of subsidiaries and offices across Asia, Europe, and the US. Wanhua Chemical has established multiple R&D centers in China, Spain, and Hungary to support its operations. The company targets global markets with its integrated production complexes located in several countries. Wanhua Chemical is headquartered in Yantai, Shandong, China.
Headquarters
China
Address
No. 3 Sanya Road, Economic And Technological Development Z, Yantai, Shandong , 264006
Website
www.whchem.com
Telephone
86 535 3031588
No of Employees
30,772
Industry
Chemicals
Ticker Symbol & Exchange
600309 (SHA)
Revenue (2024)
$28.3B
11.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-3.9%
(2024 vs 2023)
Market Cap*
$34.8B
Net Profit Margin (2024)
XYZ
-14.0%
(2024 vs 2023)
* As of and is in US$
Wanhua Chemical Group Co Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Case Polyols | Wannate |
| Flexible Polyether Polyols | Wanthane |
| Rigid Formulated Polyols | Wanamine |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In July, the company signed a partnership with Oppein for the MDI No Added Formaldehyde Authorization Ceremony. |
| 2026 | Contracts/Agreements | In April, the company signed an agreement with Autoliv to focus on R&D for steering wheel materials and product upgrades. |
| 2025 | Contracts/Agreements | In October, the company signed a strategic cooperation agreement with Wanhua Chemical and ENGELand Hitech Co Ltd to supply polyurethane and engineering plastic materials, ENGEL will support injection molding processes and equipment, and Hitech will contribute automotive mold design and modification experience. |
Competitor Comparison
| Key Parameters | Wanhua Chemical Group Co Ltd | Grand Industrial Holding Co Ltd | Xinjiang Zhongtai Chemical Co Ltd | Anhui Shenjian New Materials Co Ltd | Sichuan Xinjinlu Group Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Yantai | Lianyungang | Wulumuqi | Wuhu | Deyang |
| State/Province | Shandong | Jiangsu | Xinjiang | Anhui | Sichuan |
| No. of Employees | 30,772 | 1,134 | 26,075 | 1,209 | 2,050 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Liao Zengtai | Chairman | Executive Board | 2016 | 63 |
| Kou Guangwu | President; Director | Executive Board | 2019 | 60 |
| Hua Weiqi | Executive Vice President; Director | Executive Board | 2019 | 54 |
| Li Limin | Vice President | Senior Management | 2019 | 51 |
| Chen Yifeng | Senior Vice President | Senior Management | 2015 | 60 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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