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The two sides will work together to strengthen cooperation in material innovation and better serve local and overseas customers in China
Sinoway is a professional manufacturer of Po and EO downstream derivatives and polyurethane in China. BASF has many years of cooperation with Sinoway
BASF and Shandong innoway Polyurethane Co., Ltd. (hereinafter referred to as "innoway") signed a strategic cooperation intention agreement today to work together to serve the growing needs of customers in multiple industries in China and overseas markets, and to strengthen the two sides in multiple layers including raw material supply, market development, sustainable product research and development, improving operation quality and environment, health and safety (EHS), etc Face to face cooperation.
BASF and Enoch have a history of cooperation for more than ten years. According to the agreement, BASF and Enoch will work together to increase the production of toluene diisocyanate (TDI), diphenylmethane diisocyanate (MDI) and PolyTHF. The two sides will also strengthen cooperation in the field of building materials and specialty chemicals, and further support the development of the two sides in key strategic industries.
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MDI and TDI are important raw materials of polyurethane, polyurethane is a kind of plastic material with a wide range of uses. It can improve the heat preservation performance, provide lighter materials for automobile production, and help buildings save energy. BASF PolyTHF? Is not only used to produce high quality elastic fiber, but also a popular polyurethane elastomer material.
"Yinuowei, headquartered in Zibo, Shandong Province, is a national high-tech enterprise, as well as a professional manufacturer of downstream derivatives and polyurethane of propylene oxide (PO) and ethylene oxide (EO). Xu Jun, chairman and general manager of innoway, said: "this is a win-win strategy. Combined with BASF's strong R & D strength and our expertise in production, we are looking forward to jointly providing high-quality chemical products to local and overseas customers in the value chain. We will also share our experience in improving operational quality and environmental, health and safety (EHS) practices. "
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"Dr. Stephan kothrade, President and chairman of BASF Greater China, said:" BASF has been actively working with customers to develop sustainable solutions for various industries in China. We measure the company's value proposition in the value chain through products and strive to contribute to society. I'm glad BASF and Enoch share the same vision in this regard. This allows us to better serve customers in multiple industries and meet their growing demand for advanced materials. "
”Source: BASF
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