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Recently, Joen King Co.
, Ltd.
announced that the company's investment of 106 million yuan in the construction project of Youward (China) high-end adhesive production base has started in the Dushan Port Economic Development Zone in Pinghu City
, Jiaxing.
The total land area of the base is about 26 acres, and the construction period is one year
.
After the project reaches production, it can form an annual production capacity of 9,000 tons of high-end adhesives, with an estimated annual sales revenue of 350 million yuan and annual tax revenue of more than 15 million yuan
.
Xia Ruibo, vice president of Jowat Asia Pacific, said at the groundbreaking ceremony that the Dushan Port base will be the first stop for Jowat to enter China, laying a foundation
for the company to deeply cultivate the Chinese market and improve customer service quality.
Among them, electronic products will become an important sector
for German rubber king to cultivate the Chinese market.
Headquartered in Detmold, Germany, Joaus is an industrial adhesive supplier with 6 production bases around the world, with an annual output of more than 100,000 tons of adhesives and an annual sales revenue of about 400 million euros, and its product types cover hot melt adhesives, water adhesives and solvent adhesives
.
According to recent market survey data, Joe ranks sixth in
the global industry.
The Dushan Port project is the first regional headquarters, R&D center and production base in China established by Jowat, and the seventh production base
set up by Jowat in the world.