GUANGZHOU, China—Taiwan's chemical maker Double Bond Chemical Industry Co. Ltd. showcased a new anti-hydrolysis agent for polyurethane foam at PU China 2019.
The new product, aimed at footwear, also can improve flexible foam's anti-chalking performance, the company's Shanghai subsidiary general manager Michael Chiu said at the event, held Sept. 5-7.
Double Bond's portfolio also covers other additives types, such as anti-scorching and anti-yellowing products. UV curable materials and digital printing ink round out the offerings.
The company has been increasing its efforts in the development of waterborne products.
"Environmental regulation in (the) mainland is much more stringent compared with Taiwan," Chiu said.
Headquartered in New Taipei City, Taiwan, Double Bond has one site in nearby Yilan, Taiwan, and another in Yancheng, China. Total capacity is about 30,000 metric tons per year. The Yilan site has scheduled an expansion project that is expected expand the capacity by about 5,000 tons per year. The project is scheduled to start by the end of the year.
Listed on the Taiwan Stock Exchange, the company posted $147 million in sales last year, up 10 percent from 2017.