We have a complete set of facilities and excellent staff for the research, development and manufacturing of straw board products, devices and adhesives. Besides, our company is also the first high-tech company specialized in production, tech-introduction and research of straw board industry which truly achieved the integration of multi-industry chain from the production of eco-friendly adhesive, straw board making equipment to the manufacturing of straw board.
Wanhua Industrial Group(or WIG as below): WIG was established in Oct, 2001. WIG is a global investment company with holding the ownership of its four subsidiaries. Following its strategic integration ambitions and visions, WIG are making further development in five segments out of its upstream and downstream industries based on its core MDI and relevant PU business: Petro-and-coal chemicals, MDI and PU derivatives, construction energy-saving materials, agricultural strawboard and intra-group financing platform.
Why choose wanhua?
A. Product Differentiation
Wanhua Ecoboard is the pioneer for strawboard manufacturing, we focused on and made a very huge investment over past 10 years. After so many years of energy savings, coupled with the country to vigorously promote low-carbon environmental protection, straw board spring has arrived.
B. Product Price is stable and keep down
Frankly, current strawboard price is much higher than traditional wood based panels. We use MDI as the resin, it is about 2700USD/ton for MDI, on the contrary, traditional panels use urea resin just need 350USD/ton.
The good news is our price has been down 10%-15% over past two years. We can promise that our price will be down 20% or much in the future 3-5 years based on the following works we are doing:
1. Completion of layout of strawboard lines in China
Current production lines: 4 lines(In Shandong, Hubei, Henan Province)
Shandong line capacity: 60000m³ /year.
Zhu Madian of Henan line: 50000m³ /year.
Xinyang of Henan line: 50000m³ /year.
Hubei line capacity: 60000m³ /year.
Total capacity is around 250, 000 m³ /year.
Other 4 new production lines are under construction:
Total Capacity: 1, 010, 000 m³ /year in the future 3 years
2. High technology equipments imported from Dieffenbrchar help to enhance the enterprise automation to a higher degree, to reduce the dependence on labor, reduce labor errors. We feel to use machine instead of artificial, the industry can quickly become bigger. Some European machinery factories have gone to Wanhua to seek cooperation.
3. China government support. Although the overall economic growth in China in 2014-2016 has come down, but did not affect the new technology industrialization process for Wanhua Ecoboard. With the low-carbon, environmental protection, zero formaldehyde and other characteristics were accepted and the recognized by the market gradually, coupled with the traditional furniture industry reshuffle, the straw board on behalf of the future direction of the development of new industries have brought more opportunities for development in 2016, whether government support, talent flow or capital flows are clearly to this Emerging industries tilt.
4. Plans to successfully listed on stock Public in 2018, playing an independent listed company, plug in the wings of capital, so that the industry developed faster, embarked on a virtuous circle of the road.