Convent,Louisiana-Wanhua appears to have put its investment in a 400 kT/year MDI plant in Louisiana on hold,according to a report in the South China Morning Post.According to the article,William Day,a manager with Wanhua's US operation,said the company decided to change the scope of the project,citing higher capital costs.He added that the company was still looking for US sites where it might build the massive plant at a later time.'Chinese companies have felt a decline in the general US business,investment and trade environment,'said Evan Pan,a research associate with the China General Chamber of Commerce.'Our member companies have been forced to respond to the trade war by either delaying their investments or readjusting their global supply chain networks'.
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