Chinese giants Jushi and Kingfa have agreed to become an alliance.
Jushi Group and Kingfa Sci. & Tech, two leading players in raw materials [
for China’s plastic production have worked together to respond to the needs of the global plastics market The two companies held a technical partnership signing ceremony at Kingfa’s headquarters in Guangzhou on June 14.
Kingfa is interested in Jushi’s new high-end products, such as high modulus glass fiber, low-warpage glass fiber and anisotropic glass fiber, which the two companies plan to collaborate to create new products. better to be able to respond to the needs in various forms of customers in the plastics industry By using the resources of both companies This includes the cooperation between the factories of the two companies abroad as well.
Kingfa is the largest compound manufacturer in China. There are factories in different countries. The United States, Germany and India, while Jushi is the world’s largest fiberglass manufacturer in China, with one factory in Egypt. Meanwhile, Jushi’s U.S. factory is under construction.
Source : plasticsnews.com
