On August 17, Shandong Longhua New Materials Co., Ltd. (hereinafter referred to as Longhua New Materials) announced that it plans to invest in an 80,000-ton/year terminal amino polyether project in Zibo City, Shandong Province.

The total investment of the project is 600 million yuan, and the construction period is 12 months. It is planned to start construction in October and is expected to be completed in October 2023. After the project is completed and put into operation, the average annual operating income is about 2.232 billion yuan and the total profit is 412 million yuan.

It is reported that amino-terminated polyethers are used in the wind power industry and in the fields of epoxy floors, plastic runways, and elastomeric polyurethanes. In the field of polyurethane, especially in high-performance elastic systems, amino-terminated polyethers will gradually replace polyether or polyester polyols. With the steady advancement of renewable energy and the gradual improvement of the wind power industry, the market demand for amino-terminated polyethers has generally increased steadily and has good development prospects. 

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