1 Moving Forward Together, Drawing a Blueprint
On the morning of August 30, the inauguration ceremony of “JWELL and SABIC Joint Laboratory” was held in Liyang, Jiangsu Province, which was jointly established by JWELL and the world’s leading chemical giant Saudi Basic Industries Corporation (SABIC). The two sides will focus on the application of advanced extrusion in the fields of new energy, metal substitution and recycling economy, carry out in-depth technical cooperation, and jointly promote the technological innovation and industrial upgrading in this field.
JWELL Machinery, as a global extrusion technology solution provider, has been committed to providing customers with intelligent equipment and total solutions in various segments of plastic extrusion.
SABIC, as one of the world’s leading multinational diversified chemical companies, with its rich knowledge of material science and strong technical innovation capability, has laid a solid foundation for the cooperation between the two parties.
2 Ceremony Spectacular, Demonstrating Sincerity
In the presence of Mr. He Haichao, Chairman of JWELL and Lina Prada, Director of Global Application Development and Industry Solutions of SABIC, the inauguration ceremony of “JWELL and SABIC Joint Laboratory” was successfully held. The joint lab will integrate SABIC’s strength in rich material portfolio and JWELL’s expertise in plastics extrusion to jointly develop multi-disciplinary extrusion material application solutions. The synergies between the two companies will create unique competitive advantages and provide total solutions for common customers and industries.
Mr. He, Chairman of JWELL Machinery Delivered a speech
“In the competitive market environment, our end customers harbor dreams of R&D and innovation, and aspire to break through the heavy siege of homogeneous competition through product diversification and differentiation. It is based on such considerations that I believe close cooperation between raw material manufacturers and equipment manufacturers has become particularly important. Through innovative cooperation models such as co-built laboratories, we are not only able to undertake the R&D needs of small and medium-sized product companies, with equipment manufacturers providing the necessary laboratory equipment support, but at the same time, raw material manufacturers are able to plan a portion of their raw materials for use in assisting their customers with R&D work.”
“Today, we are joining hands with SABIC, the world’s leading chemical giant, to establish a joint laboratory, which is not only an important milestone in JWELL’s development history, but also a new starting point for both of us to work together in the fields of new energy, metal substitution and circular economy.”
3 Win-win cooperation for development
JWELL and SABIC are currently working closely together on the formulation and extrusion process of polypropylene (PP) foams, which have emerged in the market in recent years, metal and thermoset substitution solutions, new energy vehicles and energy storage, and recycling economy, and other areas of comprehensive cooperation and development. Through the joint efforts of both parties, some projects have already achieved breakthrough progress and demonstrated leading advantages in the relevant application fields.
With the official inauguration of the JWELL-SABIC Joint Laboratory, the two parties will launch more in-depth cooperation in the research and development and application of new materials in more fields as well as the promotion of circular economy. In the future, we will witness the birth of more innovations together, injecting new vitality and power into the industry.
