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Covestro and Amway Sign a Strategic Cooperation Agreement
Covestro and Amway Sign a Strategic Cooperation AgreementCovestro and Amway Sign a Strategic Cooperation AgreementFocus on the application development and market promotion of water-based polyurethane synthetic leather and composite materials in the fields of sofa home furnishing, automotive interiors, functional shoe materials, electronic consumption, handbags, luggage and engineering decoration
Jointly promote the implementation and promotion of the water-based polyurethane synthetic leather industry chain , and help the industry's ecological environmental protection
Focus on the application development and market promotion of water-based polyurethane synthetic leather and composite materials in the fields of sofa home furnishing, automotive interiors, functional shoe materials, electronic consumption, handbags, luggage and engineering decoration
Focus on the application development and market promotion of water-based polyurethane synthetic leather and composite materials in the fields of sofa home furnishing, automotive interiors, functional shoe materials, electronic consumption, handbags, luggage and engineering decoration
Focus on water-based polyurethane water-based polyurethane synthetic leather and composite materials in sofa home, automotive interior, functional shoe materials, electronic consumption, synthetic leather and composite materials in sofa home, car interior, functional shoe materials, electronic consumption, handbags, bags , bags and luggage Application development and market promotion in fields such as engineering decoration and engineering decorationJointly promote the implementation and promotion of the water-based polyurethane synthetic leather industry chain , and help the industry's ecological environmental protection
Jointly promote the implementation and promotion of the water-based polyurethane synthetic leather industry chain , and help the industry's ecological environmental protection
Work together to promote the implementation and promotion of the water- based polyurethane synthetic leather industry chain and the implementation and promotion of the synthetic leather industry chain to help the industry's ecological and environmental protectionOn March 25, Covestro signed a strategic cooperation agreement with Anhui Anli Material Technology Co.
, Ltd.
, a Chinese polyurethane composite material company.
Cooperation, we are committed to creating a benchmark project of waterborne polyurethane composite materials and accelerating the exploration and innovation of new technologies
.
Under the framework of this strategic cooperation, Covestro will leverage its advantages in the design, manufacture and application of waterborne polyurethane resins to provide related technologies, products and solutions
.
In addition, the two parties will also explore innovative business cooperation models, and seek further cooperation in the fields of water-based polyurethane synthetic leather and composite materials technology development to achieve common development, complementarity and win-win results
.
Zhong Xiaobin, Senior Vice President of Covestro's Coatings, Adhesives and Specialty Chemicals Business Unit Asia Pacific, said: "Covestro has strong R&D capabilities in the field of waterborne polyurethane
.
Yao Heping, Chairman and General Manager of Anhui Amway Material Technology Co.
, Ltd.
, said: "We are very pleased to sign a strategic cooperation agreement with Covestro, the world's leading polymer material manufacturer
.
Dr.
Torsten Pohl, Head of Textile Coatings at Covestro, said: "This cooperation with Amway, one of the market leaders in polyurethane synthetic leather and composite materials in China, is another step in Covestro's path to developing more environmentally friendly textile coating technologies.
milestone
.
As one of the world's leading suppliers of water-based polyurethanes, Covestro is committed to driving innovation and sustainable development along the entire industry value chain, enabling a faster transition to a circular economy
.
Waterborne polyurethane uses water instead of organic solvent as the dispersion medium, which greatly reduces the solvent discharge of related products and is more environmentally friendly
.
In addition, the synthetic leather and textile coating materials developed by Covestro based on water-based polyurethane technology have excellent physical properties in all aspects and feel comfortable, which can bring more flexible design space to downstream industries
.
About Amway (SZ300218):
About Amway (SZ300218): Anhui Anli Material Technology Co.
, Ltd.
was established in 1994, focusing on the research and development, production and operation of ecological functional polyurethane composite materials.
It is a global leader in the polyurethane composite material industry and a "National Manufacturing Single Champion Demonstration Enterprise" recognized by the Ministry of Industry and Information Technology of China.
, is "National Enterprise Technology Center", "National Key High-tech Enterprise" and "National Intellectual Property Demonstration Enterprise"
.
Amway shares were publicly listed on the Shenzhen Stock Exchange in 2011
.
About Covestro:
About Covestro: Covestro is one of the world's leading polymer producers with sales of EUR 10.
7 billion in 2020
.
The company's business scope is mainly focused on the production and manufacture of high-tech polymer materials, as well as the research and development of innovative and sustainable product solutions for many areas of daily life, so as to fully promote the development of circular economy
.
Its main service areas include the automotive and transportation, construction, furniture and wood processing, and electronics, electrical and home appliance industries, as well as the sports and leisure, cosmetics, medical and chemical industries themselves
.
As of the end of 2020, Covestro had 33 production sites worldwide and approximately 16,500 employees (calculated as full-time employees)
.
You can download this press release and related images from the Covestro news server at .
Please indicate the source when using images
.
official WeChat account of Covestro: Covestro in China
Forward-Looking Statements
Forward-Looking Statements Forward-Looking Statements This press release may contain forward-looking statements made by Covestro AG based on current assumptions and forecasts
.
Various known and unknown risks, uncertainties and other factors could cause the actual future results of operations, financial condition, development or performance of the company to differ materially from the estimates made herein
.
These factors are included in the official Covestro report, which can be viewed at
.
Covestro undertakes no duty to update these forward-looking statements or to conform them to future events or developments
.
.
Various known and unknown risks, uncertainties and other factors could cause the actual future results of operations, financial condition, development or performance of the company to differ materially from the estimates made herein
.
These factors are included in the official Covestro report, which can be viewed at
.
Covestro undertakes no duty to update these forward-looking statements or to conform them to future events or developments
.
