Wanhua Chemical’s main business segments consists of four parts: Polyurethane, Petro-Chemicals, Performance Solutions and Special Chemicals.
There are about 820 full-time researchers in Wanhua R&D and 3.5%-5% of the sales revenue is spend in research and development each year.
We have created our own HSE management system: “Area Safety Management” and “5 Universal Safety Principles,” each composing and HSE management system specialized to Wanhua.
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Wanhua is one of the most competitive MDI producers in the world and the largest TDI supplier in Europe.
At Wanhua, we fervently believe that talent is one of the most important strategic resource that can bring exceptional value to our company.
In recent years, the R&D investment of Wanhua has been about 4%-5% of its sales revenue. In 2019, the R&D investment has been about 1.7 billion yuan, in 2018, the R&D investment has been about 1.6 billion yuan, and in 2017 the R&D investment has been about 1.2 million yuan. Now the continuous high-intensity R&D investment has been an important factor of the driving force for the fast and steady development of Wanhua's business performance.