Huntsman opens first Asia-based TPU plant in China

Huntsman Corporation formally opens new thermoplastic polyurethanes (TPU) production facility in Asia located at the Jinshan Second Industry Zone in Shanghai, China.  Built at a cost of $20 million, the 21,000 sq.m. facility is Huntsman’s first in the Asia Pacific region and complements the company’s existing TPU plants in the USA and Germany. 

The facility has been built to service the region’s fast-growing demand for TPUs, which are used in an extensive range of consumer and industrial applications, including sports footwear and clothing, automotive interior parts and glass lamination. 

Commenting on the new plant, Asia Pacific CEO and President of the Polyurethanes’ division, Tony Hankins, said: “China has become the largest market for TPU products and this new facility will significantly improve our supply capabilities, enabling us to respond more quickly and effectively to the needs of our partners in the region. The investment reflects our long-term commitment to our local customers and builds on the division’s strategy of strengthening our downstream capabilities.” 

Huntsman Corporation is a publicly traded global manufacturer and supplies thousands of chemical products to meet the needs of consumers and manufacturers serving a broad range of end markets. It operates more than 80 manufacturing and R&D facilities in 30 countries.