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Yesterday, BASF and Shandong Yinuowei Polyurethane Co.
, Ltd.
(hereinafter referred to as "Yinuowei") signed a strategic cooperation intention agreement to jointly serve the growing needs of customers in various industries in China and overseas markets, and strengthen the cooperation between the two parties, including raw material supply, Market expansion, sustainable product development, improvement of operational quality, and cooperation at multiple levels such as environment, health and safety (EHS)
.
BASF and INOV have a history of cooperation for more than ten years
.
MDI and TDI are important raw materials for polyurethane, which is an extremely versatile plastic material
.
BASF and INOV plan to deepen their strategic partnership and bring more sustainable and innovative solutions
.
Headquartered in Zibo, Shandong, INOV is a national high-tech enterprise and a professional manufacturer of propylene oxide (PO) and ethylene oxide (EO) downstream derivatives and polyurethane in China
.
Dr.
Stephan Kothrade, President and Chairman of BASF Greater China, said: "BASF has been actively working with customers to develop sustainable solutions for various industries in China
.