News Coverage
Great Wall Motor and BMW have signed a joint-venture agreement
Witnessed by China-Germany government officials, Great Wall Motor Company Limited (GWM) and BMW Holding B.V. (BMW) signed a joint-venture (JV) agreement in Berlin.
[2018-07-18]Source:Great Wall Motor
Qingmai’s electric scooter has a carbon fiber steering stem
Qingmai Company, a technology company based in Dongguan, in the Southern Chinese Guangdong province, has unveiled a new electric scooter known as the SWAN.
[2018-07-02]Source:JEC
Owens Corning Announces Strategic Cooperation & Supply Agreement with CPIC
Owens Corning (NYSE: OC) announced today that it has entered into a Strategic Cooperation and Supply Agreement with Chongqing Polycomp International Corp. (CPIC) for joint investment in technology, and construction and operation by CPIC of a new facility dedicated to the manufacture of high-modulus glass fiber products in China.
[2018-07-02]Source:Owens Corning
German materials manufacturer Covestro broadens its service capabilities. The company invested several million RMBs to establish a testing laboratory dedicated to Volatile Organic Compounds (VOCs) in its ‘Polymer Research and Development Center’ (PRDC) in Shanghai. Testing of VOCs is crucial to closely monitor and preve...
[2018-06-22]Source:Covestro
China’s AVIC applies T800 carbon fiber in domestically-developed helicopter
China has applied T800 carbon fiber composite material in a domestically-developed helicopter model, the Aviation Industry Corporation (AVIC) said to Xinhua state press agency.
[2018-06-14]Source:AVIC
Argosy signs agreement with Solvay to transition the Composite Materials business in the Asia Pacific region
 Alpharetta, June 7th, 2018 ---Effective October 1, 2018, Argosy International Inc., and Solvay’s Composite Materials Business (previously Cytec) have entered into a definitive agreement to enable direct service of Solvay’s advanced materials business in the Asia Pacific region. The agreement also includes the purchase o...
[2018-06-07]Source:Solvay
Developers of the Chinese-Russian widebody have received proposals from seven firms to supply the aircraft’s propulsion system.
[2018-06-06]Source:FLIGHTGLOBAL
Hexcel joins with Future Aerospace to open composites test lab in Shanghai
Advanced composites manufacturer Hexcel has formed a joint venture with Chinese aerospace parts manufacturer Future Aerospace to establish a materials testing lab in China. Shanghai Future Aerospace Hexcel Commercial Composite Testing will be located in Lingang and will provide a world-class laboratory for the Shanghai area, offering test...
[2018-06-04]Source:Hexcel
CRRC leads a US$ 780.000 R&D project in high-speed railways new materials
In order to meet the requirements of the high-speed trains industry, such as lightweight, high strength and high modulus materials, CRRC Qingdao Sifang Rolling Stock Research Institute, a wholly owned subsidiary of China state’s CRRC Corporation, has formed an alliance with the Ningbo Institute of Industrial Technology, the Changchun Ins...
[2018-06-04]Source:CRRC
AkzoNobel’s Largest Powder Coatings Plant Opens in China
Production has started at AkzoNobel’s new powder coatings plant in Changzhou, China. The facility – one of the largest of its kind in the world – is located at an existing site and will help to further strengthen the company’s undisputed global leadership position in the powder coatings market. The result o...
[2018-05-30]Source:AkzoNobel
Jushi Chengdu to invest US$ 473 million in high-performance fiberglass manufacturing base
China Jushi announced that the group’s wholly-owned subsidiary Jushi Chengdu and Qingbaijiang district in the city of Chengdu City, Sichuan province, signed a "high-performance glass fiber advanced manufacturing base project cooperation agreement".
[2018-05-21]Source:Jushi
China’s Rocket Academy and BYD to develop honeycomb structure and composite material strategic cooperation
China Academy of Launch Vehicle Technology (CALT) and the Chinese new-energy vehicles manufacturer BYD have decided to carry out strategic cooperation.
[2018-05-15]Source:CALT
Partners will cooperate on technical exchange, market development, and raw materials Agreement builds on long-term relationship between BASF and Huafon Shanghai, China – BASF and Huafon Group Co., Ltd. signed a strategic cooperation agreement to extend their partnership with initiatives to develop the polyurethane, bio-fiber...
[2018-05-14]Source:BASF
Dow Inaugurates New Coating Materials in Sichuan, Western China
The Dow Chemical Company announced the official opening of its coating materials plant in western China. The new facility, located in the Cheng Mei Petrochemical Zone, approximately 50 kilometers from Chengdu, will produce acrylic emulsion and additives to address the growing needs of the architectural and industrial coating markets.
[2018-05-08]Source:Coating World
BASF Awards Young Chinese Scientists for Chemical Research Excellence
Four scientists from Peking University and Shanghai Institute of Organic Chemistry receive “Innovation Prize” for outstanding research findings 36 young Chinese scientists recognized since 2001 BASF reaffirms long-term partnership with Chinese Chemical Society BASF presented the 9th CCS-BASF Youth Innovation Prize ...
[2018-05-08]Source:http://www.pudaily.com/News/NewsView.aspx?nid=71581
Geely Holding’s acquisition Terrafugia to create 130 new U.S.jobs
Geely Holding’s acquisition leads to expansion across all departments. Terrafugia, Inc. created 75 new US-based jobs within the past 12 months and is on track to add at least another 50 more by the end of the year. Zhejiang Geely Holdings Group (Geely Holding), a privately owned Fortune 500 company with assets that span the automoti...
[2018-04-27]Source:Terrafugia
China Jushi reported in Hong Kong strong 2017 financial results
China Jushi’s chairman Cao Jianglin and management team held a press conference in Hong Kong to present the group’s 2017 financial results. This is the first time that the group, listed on the Shanghai stock exchange, has come to Hong Kong to promote its performance. In 2017, China Jushi’s revenue increased by ...
[2018-04-27]Source:Jushi
BASF Opens Flagship Online Store on Alibaba
Customers can now purchase BASF products directly, online, with the same quality and logistics services guaranteed. BASF today launched a flagship store on the Alibaba e-commerce platform 1688.com, China’s major domestic online business-to-business service. The online store will enable BASF to serve small and medium enterprises in a...
[2018-04-23]Source:BASF
A Dialogue With Hengshen - The Carbon Fiber Unicorn Company In Jiangsu
‘Unicorn’, as a terminology used in capital investment industry, refers to an unlisted company valued at over 1 billion U.S dollars with private equity investment. In late March 2017, China’s Torch High Technology Industry Development Center of Ministry of Science and Technology released a 2016 China Unicorn Enterprise Development R...
[2018-04-13]Source:Organizing Committee of China Composites Expo
Magna to develop electric vehicle architecture for BAIC group
BAIC Group (Beijing Automotive Industry Holding), and Magna announce that they will jointly develop a next generation smart electric vehicle architecture for the Chinese market.
[2018-04-12]Source:Magna
Haiyuan New Materials to deepen cooperation with Geely in the field of automobile lightweighting
Haiyuan Machinery’s wholly-owned subsidiary Haiyuan New Materials and Yiwu (a Chinese city situated in the Zhejiang province) management committee signed a letter of intent to invest about CNY 1.2 billion (US$ 240 million) in the construction project of a new "Haiyuan New Materials - Yiwu production base". The aim is to...
[2018-04-11]Source:Haiyuan
SSAMC inaugurates MRO facility, adds LEAP capability
Sichuan Services Aero Engine Maintenance Company (SSAMC), the joint venture between Air China and CFM International (CFM), has inaugurated a new 43,880 -square meter facility, expanding its maintenance, repair, and overhaul capability for CFM56 and LEAP engines to 300 engines per year. Sichuan Services Aero Engine Maintenance Compa...
[2018-04-09]Source:Safran
Magna and GACC Partner to Produce Composite Liftgates
On April 2 Magna (Shanghai, China) announced it has entered into a joint venture (JV) with GAC subsidiary, GAC Component Co., Ltd. (GACC, Guangzhou, China), to begin production of composite liftgates for a global automaker’s crossover vehicle starting in late 2018. The JV will work out of a new 55,900 ft2 facility located in Changsha, Ch...
[2018-04-04]Source:Magna
Owens Corning and Taiwan Glass Announce Technology License and Manufacturing Supply Agreements
Owens Corning (NYSE: OC), a leading global producer of glass fiber reinforcements for composite systems, has entered into technology licensing and manufacturing supply agreements with Taiwan Glass Ind. Corp., based in Taipei, Taiwan.
[2018-04-03]Source:Owens Corning
Toray announces new out-of-autoclave CFRP technology
Toray Industries, Inc. (Chuo-ku, Tokyo) announced March 28 that it succeeded in developing a new fabrication technology for carbon fiber reinforced plastics (CFRP) that enables both improved dimensional accuracy and energy savings. Toray is working to mature this new technology and broadly deploy it for aircraft applications as well as th...
[2018-04-03]Source:Toray
Chinese government’s strong commitment drives electric bus surge
China’s electric bus growth dwarfs electric bus growth everywhere else in the world. In 2016 alone, approximately 80,000 electric buses were added to fleets. Transitioning to electric buses will help China meet its commitment to reduce its emissions intensity by 60-65% from 2005 levels by 2030 and help address growing concern...
[2018-03-30]Source:AVIC