News Coverage
Sinomatech Reported 20.3 Billion Revenue in 2021, 7.58% Increase from 2020
Sinomatech announced a 7.58% increase of revenue on a year-on-year basis in its annual financial report to approximately 20.3 billion RMB. Net profit attributable to parent company totaled 3.37 billion RMB, 65.4% up from last year.
[2022-03-22]Source:China Composites Expo
China Jushi Reported Outstanding Turnover Growth by 68.92% in 2021
China Jushi reported an increase of turnover by 68.92% on a year-on-year basis to approximately 19.7 billion RMB in the fiscal year of 2021, attributable the paralleled growth of both sales volume and price.
[2022-03-21]Source:China Composites Expo
Sunwell Advances into Aerospace and NEV Market by Investing COTECH
Sunwell Carbon Fiber Composites Co. Ltd., a subsidiary of SWANCOR Holdings(3708), will invest in COTECH, Inc. (hereinafter referred to as COTECH) has won the majority of seats on the board of COTECH. A step forward for SWANCOR Holdings (3708) to enter the aerospace- and new energy vehicle market,
[2022-03-21]Source:SWANCOR Holding
Sinomatech Mapped Out New Blade Production Base in Yulin, Northwest China
Sinomatech announced on Friday the approved establishment by its holding subsidiary Sinoma Blade a new branch situated in Yulin, Shaan’xi province, northwest China.
[2022-03-21]Source:China Composites Expo
Tianyi Satcom Unveiled its First Ground-based Composite Radome
A ground-based composite radome was successfully test-installed and verified by Tianyi Satcom Co., Ltd.
[2022-03-15]Source:China Composites Expo
Sinofiber Technology Sealed Carbon Fiber & Fabrics Contract Valuing 2.17 Billion RMB
Sinofiber Technology Holding Co., Ltd. has sealed a 2.17 billion RMB contract, according to an announcement publicized on Shenzhen Stock Exchange.
[2022-03-15]Source:China Composites Expo
Jilin Chemical Fiber Reduces Output Facing Severe Pandemic Outbreak
Jilin Chemical Fiber, one of China’s major producer of carbon fiber & precursor, warns a temporary decrease of output owing to the grim outbreak of local COVID-19 pandemic in an announcement published in Shenzhen Stock and Exchange Market.
[2022-03-14]Source:China Composites Expo
Two Lines Added in Shanxi Gangke to Boost Carbon Fiber Production
A new material industrial cluster will be forged in the capital city of Shanxi province, according to a report released by local media outlet, in which Shanxi Gangke Carbon Co., Ltd., a wholly-owned carbon-fiber-dedicated subsidiary of Taiyuan Iron & Steel Co., Ltd will be included.
[2022-03-14]Source:China Composites Expo
Taishan Fiberglass to Double Revenue with Another 5 Billion RMB Investment
A review titled Further Investment to Duplicate a New Taishan Fiberglass was published on local media outlet Tai’an Daily, giving the outlook for the company’s future development in the next five years.
[2022-03-14]Source:China Composites Expo
February: China
China's new energy vehicles (NEVs) recorded retail sales of 272,000 units in February, increasing by 180.5 percent year on year, data from the China Passenger Car Association (CPCA) showed Tuesday.
[2022-03-10]Source:CGTN
Baowu Carbon ito Initiate joint venture with Wanhua Chemical Dedicated to Precursor Production
Baosteel approved the motion proposed by its subsidiary Baowu Carbon Technology Co., Ltd., to establish a joint venture with Wanhua Chemical Group Co., Ltd.
[2022-03-08]Source:China Composites Expo
Weihai Gernuman Introduces China’s First Homegrown Double-Workstation Carbon Fiber Filament Winding Machine
Weihai Gernuman Automation Co., LTD announced the launch of GNM-D3500-600, China’s first homegrown Double-Workstation Carbon Fiber Filament Winding Machine, doubling the production efficiency of existing counterparts.
[2022-03-04]Source:China Composites Expo
Arkema Finalizes the Acquisition of Ashland’s Performance Adhesives Business
Arkema finalized on 28 February 2022 the acquisition of Ashland’s Performance Adhesives business, a first-class leader in high performance adhesives in the United States.
[2022-03-03]Source:Arkema
Zhongfu Shengying Reached Strategic Cooperation with AUYAN on Hydrogen Energy
A delegation sent by Zhongfu Shenying Carbon Fiber Co., Ltd. launched a visit to Shandong AUYAN New Energy Technology Co., Ltd. Leading the delegation was Ms. Liu Fang, GM and Mr. Li Wei, vice GM.
[2022-03-03]Source:China Composites Expo
China Jushi Terminates India-Based Production Line While Initiated Egypt and Chengdu-Based Alternative
Facing the great uncertainty caused by globally spreading and locally ravaging COVID-19 pandemic, China Jushi Co., Ltd. announced the termination of its India-based program designed with a capacity of 100,000 tons alkali-free glass fiber.
[2022-03-02]Source:China Composites Expo
Well Advanced Materials Released Prospectus for IPO in Shenzhen GEM Market
Wells Advanced Materials (Shanghai) Co., Ltd. (here after referred to as WAM) released a prospectus for its IPO on Shenzhen GEM Market, planning an issuance of no more than 23.06 million shares of common stock, or 25% of its total share capital after the issuance.
[2022-03-02]Source:China Composites Expo
Shuangyi Technology Setup Southern China Subsidiary in Response to Growing Guangdong Offshore Wind Market
Shandong Shuangyi Technology Co., Ltd. announced the setup of a new subsidiary with its self-owned liquidity of 10 million RMB. The new subsidiary is located in the town of Lufeng, Shanwei, Guangdong province. Registration had been completed.
[2022-03-01]Source:China Composites Expo
NMG Composites Celebrated New Core Kits Line with Capacity Topping 100,000 Cubic Meters
NMG Composites, China's leading fabrics and core materials provider, celebrated the formal operation of its new core kits production line boasting a capacity of 100,000 cubic meters per year.
[2022-03-01]Source:China Composites Expo
Exel Composites Initiates Employee Negotiations Concerning the Closure of One of Its Manufacturing Facilities in Nanjing, China
Exel Composites has initiated employee negotiations concerning the closure of its manufacturing facility located in downtown Nanjing, China.
[2022-03-01]Source:Exel Composites
Beiqi Hai Hua Announced Formal Operation of Its First Composite Leaf Spring Production Line by March
In an interview with local media outlets, Shandong Beiqi Hai Hua Automobile Parts Co., Ltd. revealed the latest progress of its first production line of composite leaf spring, noting that the line was under test run and would achieve mass production by next March with a designed capacity of 200,000 pieces per year.
[2022-02-28]Source:China Composites Expo
Sabic Collaborates With China’S Dongfeng To Produce Lightweight Truck-Mounted Toolbox With Novel Plastic Composite Hybrid Solution
SABIC, a global leader in the chemical industry, today shared that it has collaborated with Dongfeng Motors, one of the largest truck manufacturers in China, on the development of a novel plastic composite hybrid solution to produce a strong lightweight truck-mounted toolbox.
[2022-02-17]Source:SABIC
Teiijn Automotive Technology Started Operation of Its Second China-based Plant, with the Third in Construction
Tejin Automotive Technology, a subsidiary of Teijin Group dedicated to the business of composite auto-parts, announced the formal operation of its second plant in China located in Changzhou, Jiangsu Province, as well as the prospect to embrace the third one located in Shenyang, Liaoning Province by the summer of 2023.
[2022-02-15]Source:China Composites Expo
Kai Derong GF Fabrics Program Entered into Formal Operation in Shaoguan
A ceremony celebrating the operation of the first phase of Kai Derong GF fabrics program was held at local industrial park located at Shixing County, Shaoguan, Guangdong Province.
[2022-01-29]Source:China Composites Expo
Acrylonitrile-Centered Industrial Chain to be Established in Maoming
An investment agreement was signed between Industrial Investment New Materials (Maoming) Co., Ltd. and Oriental Energy, to establish an acrylonitrile-led industrial chain in the city of Maoming, in support of Guangdong’s green petrochemical industry and an extended, complemented and strengthened industrial chain of high-end equipment man...
[2022-01-27]Source:China Composites Expo
China
China's homegrown aero turbine blisk made with ceramic-based composite successfully completed its test flight, certifying the feasibility of applying the advanced material to aero-engine turbine rotors.
[2022-01-26]Source:China Composites Expo
All-Composite Multi-Purpose UAV
A new derivative codenamed as Wing Loong-1E of serial unmanned aerial vehicle developed by Aviation Industry Corporation (AVIC) successfully completed its maiden flight.
[2022-01-26]Source:China Composites Expo