On 4 Feb., 2016, Juhua Group Corporation (Juhua Group) announced the signing of
the strategic cooperation agreement framework with the People’s Government of
Kecheng District, Quzhou City (in Zhejiang Province), for the business of new
materials.
Accordingly, the 2 sides planned to set up the principle of joint conference
for the cooperation in new material business and to build the normalised staff
exchange mechanism, to further enhance the cooperation and achieve win-win.
This signals that Juhua Group, during its practice of the state’s guiding
policy, will be supported by local government directly to ensure the smooth
progress of relevant projects.
According to the Ministry of Industry and Information Technology of the
People’s Republic of China, in 2016, the domestic chemical industry should:
1. Enlarge the planning’s strategic guiding role, to stably carry out upgrading
and level up the diversification of raw materials
2. Enhance the supply-side reform, to promote the regulated industry
development and establish all-round and prolonged mechanism to safeguard
against and ease the overcapacity
3. Develop new chemical materials vigorously, including fluorine & silicon
materials, electronic chemicals, premium-marketed engineering plastics, carbon
fibre, membrane materials and composites, to replace the imported ones
According to CCM’s research, the imports of new chemical materials made up the
largest in the trade deficit of the chemical industry in 2015, especially those
for food fresh-keeping packaging, building, vehicle lightweight, electronic
information and suchlike. Such new chemical materials, of high technical
content and high added value, are demanded increasingly.
Multinational
companies are mainly focusing on the exploitation of their end markets. It is
expected that the Chinese chemical enterprises could improve the innovation
capability, to make breakthroughs in this field, to further increase
self-supply and sales and to finally narrow down the differences from developed
countries.
Juhua Group, involved in the business of fluorochemicals, a subdivided business
closely related to new materials industry, strategically signed the agreement
with Kecheng government to give full play to its business advantages and to
transform into the fields of new materials, alternative energy and new
environmental protection.
This is also a step following the state’s guiding
policy. Meantime, Kecheng government, with an aim to construct a new materials
industry cluster, will provide land, policies and talents for Juhua Group. This
is a good example for government-enterprise integrated cooperation.
Juhua Group’s fully-owned subsidiary, Zhejiang Green New Materials Co., Ltd.
has already invested USD228.87 million (RMB1.50 billion) in constructing a
premium-marketed, specific and professional fluorine-enriched material
deep-processing project in the local Donggang Kecheng Industrial Park.
Now the
project has been put into operation. Its portfolio spans solar energy backplane
membrane, fluorine alloy membrane, weather-resistant decorative film,
polyvinylidene fluoride, fluorinated ethylene propylene, modified polytetrafluoro
ethylene (PTFE) and PTFE micro powder.
This article comes from China Fluoride Materials Monthly Report 1602, CCM
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Tag: fluorine fluorochemicals