Wanhua Chemical Group
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2019 | Ranked 820th in Forbes Global 2000 edition. |
July 2019 | Acquired Swedish company Chematur Technologies for US$134 million from Kangnaier Investment Group. In the same month, formed a shipping joint venture with Abu Dhabi National Oil Company (ADNOC). |
February 2019 | Wanhua Chemical Group merges with its largest shareholder, with the listed company as the surviving entity. Yantai Guofeng becomes the new largest shareholder with a 21.56% stake, which later increases to 21.59%. |
February 2019 | Completed a reverse merger with its direct parent company. |
February 2019 | Acquired Hungarian company BorsodChem and other assets through a reverse merger with its largest shareholder in an all-share deal worth RMB52 billion. |
2018 | Ranked 37th by Chemical & Engineering News (C&EN), improving from 41st place in the previous year's ranking. |
2018 | Imported technology from Honeywell for the Yantai plant. |
November 2018 | Announced plans to build a factory in Convent, Louisiana, United States. |
January 2018 | The parent company Wanhua Group Corporation is split into two companies: Wanhua Industrial Group and another company. The new company becomes the largest shareholder, owning 47.92% of Wanhua Chemical Group shares. |
2017 | Yantai Guofeng owns 39.497% stake of Wanhua Industrial Group. The direct parent company of Prime Partner International changes to Dao Sheng (Hong Kong) Limited. |
2017 | The company's shares became a constituent of the blue-chip index SSE 50. |
2014 | Replaced the original methylene diphenyl diisocyanate (MDI) production line with a new one in Yantai. |
February 2011 | Parent company Wanhua Industrial Group Co., Ltd. acquired Hungarian chemical maker BorsodChem for US$1.66 billion (€1.2 billion). |
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