• helpdesk@Lucintel.com
  • |
  • +1 972 636 5056
  • |
  • Login
  • |
  • Register
  • |
  • Search
  • |
'

Licensing Agreement between Econic and Changhua June 20 2022

2022 Lucintel Composites Market Insights, June 20, 2022

Econic Technologies has apprised of a ground-breaking partnership with leading independent Chinese polyol and polyurethane company Changhua Chemical Technology Company Ltd, part of Jiangsu Changshun Group. The partnership was marked in a ceremonial signing on 8th June attended by the Mayor of Jiangsu province, where Changhua is based.
This multi-year partnership is born from both companies’ shared values – namely, the creation of a market for CO2 products, in line with the global drive to achieve net zero and to meet increasing consumer demand for more sustainable products.
The agreement involves both parties collaborating to develop CO2-based polyurethane products to be manufactured in China and sold under license in China and worldwide. It will involve Changhua building the first dedicated production plants for these products to serve the growing demand for sustainable products. Both companies are aligned to make a serious contribution to carbon reduction and to drive the sustainable advancement of the polyurethane market.

To identify growth opportunities in Polyurethane Market: Trends, Opportunities and Competitive Analysis, please visit https://www.lucintel.com/middle-eastern-and-north-african-polyurethane-market.aspx