Dec. 7, 2018
On the 2nd November, a strategic cooperation agreement was executed between China’s agrochemical company Nantong Jiangshan Agrochemical Ltd
and Zhongtian Technology Group Ltd to cooperate in the development of recycling resources.
According to the agreement, based on the collaboration in developing basic materials, Jiangshan Agrochemical will further work with Zhongtian Technology towards creating advanced materials, such as researching the development of silicon materials and high-purity electronic materials, in support of advancing the industry chain . The cooperation is expected to enhance high-end material innovations and the production capacities of the two companies, which, with joint efforts, will promote the development of emerging industries and increase profitability.
There is a long history of collaboration between Jiangshan Agrochemical and Zhongtian Technology, which established a good foundation for in-depth cooperation between the two companies. In 2009, strategic supply collaboration was established between Jiangshan Agrochemical and Zhongtian Technology, in which Jiangshan Agrochemical acted to secure raw materials for Zhongtian Technology's fiber preform project.
At the present time, several subsidiaries of Zhongtian Technology are using raw materials from Jiangshan Agrochemical for production. Also, Jiangshan Agrochemical could utilize by-products from production of Zhongtian Technology. The two companies have had intensive collaboration in various products, having already been successful in the recycling of chlorine and silicon resources.