Donghua Technology seizes the development opportunity of degradable materials and cooperates with Tianye Group to improve the efficiency of market development

Donghua Engineering Technology Co.

Seize the development opportunity of the degradable material industry and set up a sales company with Tianye Group

Donghua Science and Technology is a large state-owned engineering company with Grade A comprehensive qualifications for engineering design.

It is reported that Donghua Technology has a comprehensive Grade A qualification for engineering design

On the basis of continuing to consolidate the dominant position of the traditional chemical business, Donghua Technology is committed to extending to the upstream and downstream of the industrial chain and value chain, further expanding the integrated development of "technology + industry", vigorously promoting business model innovation, driven by investment and financing Market development and implementation of key projects promote the company's industrial development

With the further advancement of the new national "plastic restriction order", degradable plastics have become a national strategic emerging industry

Recently, Donghua Technology issued an announcement that in order to expand the sales channels of industrial products and consolidate the PBAT production, supply and marketing industry chain, the company invested 4.

Improve the Efficiency of Market Development and Enhance the Competitiveness of PBAT Products

The enterprise type of Tianye Group is a limited liability company (state-owned holding) with a registered capital of 3.

Tianye Group is funded and established by the State-owned Assets Supervision and Administration Commission of the Eighth Division of the Xinjiang Production and Construction Corps and the State-owned Assets Supervision and Administration Commission of the Xinjiang Production and Construction Corps

It is reported that in March 2021, Xinjiang Tianye Co.

The "Shareholders' Investment Agreement" signed by Donghua Technology and Tianye Co.

In addition, Donghua Technology and Tianye Group jointly invested in the establishment of Tianye Xiangtai, which will help Donghua Tianye to expand its own production, supply and marketing channels with the help of Tianye Group's mature marketing system

Donghua Technology has invested in the construction of the PBAT project with Tianye Co.

In addition, the establishment of Tianye Xiangtai as a PBAT sales company will also help Donghua Tianye to quickly establish a sales network, reduce market expansion costs, improve market development efficiency, and enhance the market competitiveness of PBAT products; Xinjiang's largest special railway line advantage fully realizes smooth logistics and transportation out of Xinjiang, and provides effective guarantee for the circulation of PBAT products