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At 8:30 on February 20, France and Belgium time (15:30 on February 20, Beijing time), in the Pinghu Administrative Service Center, Fan Weiqiao, general manager of the Asia-Pacific region of Germany Domo, and Zhejiang Wanfeng Shangda Coating Technology Co.
, Ltd.
General Manager Yuan Lingang, through a "cloud", "held hands" with Dai Zhen, Secretary of the Party Working Committee and Director of the Management Committee of Pinghu Dushan Port Economic Development Zone, and jointly signed the German Domo Engineering Plastics project with a total investment of 12 million euros
.
According to reports, the German company Domo's investment in Dushan Port will be carried out by leasing a third-party factory.
It plans to build a modern factory integrating R&D, production and sales.
It mainly develops and produces nylon 6, nylon 6.
6 and high temperature Nylon (HTN) and other related modified engineering plastics to meet the rising market demand for modified materials in automobiles, electronic appliances and consumer products
.
The total investment of the project is 12 million euros, the registered capital is 10 million euros, the annual output will reach 40,000 tons, the annual output value will be 700 million yuan, and the annual tax payment will be 40 million yuan
.
Domo Chemicals of Germany is a subsidiary of Domo Investment Group of Belgium.
The group was established in 1932 and has three subsidiaries: Domo Chemicals, Domo Industries and Domo Investments
.
At present, DOMO Chemicals has set up factories in Germany, Belgium, the United States, and China, with operations in Europe, Asia and other places, with more than 2,200 employees worldwide, and its operating income in 2019 exceeded 900 million euros.
Downstream customers include world-renowned automobile brands , such as Audi, BMW, Mercedes-Benz, Ford,
etc.
At the signing ceremony, Chen Qunwei, Deputy Mayor of Pinghu City, said that the new material industry, as the leading industry of Dushan Port Area, has achieved remarkable results in recent years, including a number of base-type and integrated enterprises such as satellite and Xinfengming.
Large projects, including Germany's BASF, allnex, Covestro, Switzerland's Clariant, Japan's Adico, Dick Donghua and a large number of the world's top 500, industry leading projects, have become well-known high-quality development of new materials in the country agglomeration area
.
The "Cloud Signing" of the German Domo Engineering Plastics Project settled in Dushan Port is just a microcosm of the "line" of Pinghu's investment attraction
.