BorsodChem is a Hungarian-based producer and processor of plastic raw materials and isocyanates. Its business is divided into two business units: PU business unit (methyl di-p-phenylene isocyanate (MDI) and toluene di-isocyanate (TDI)) and polyvinyl chloride (PVC).
BorsodChem's strategy is to become a major European TDI producer and continue profitable growth in MDI. It will concentrate on differentiating a considerable part of its downstream MDI and TDI in order to add extra value and provide for sufficient sustainable competitive advantage. The move forward from commodity products towards further processed specialty products, polyurethane systems and solutions will enable the company to be a “price setter rather than price taker”.
In PVC, BorsodChem will maintain its PVC business for synergies within the integrated product portfolio while maximising cash generation.
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