Fulai New Materials and Shengxiao Co., Ltd. signed a memorandum of understanding on strategic cooper

21 days ago
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Fulai New Materials and Shengxiao Co., Ltd. signed a strategic cooperation memorandum of understanding. On December nineth, Fulai New Materials and Shengxiao Co., Ltd. (hereinafter referred to as "Shengxiao") held a signing ceremony for the strategic cooperation memorandum of understanding. Li Yaobang, General Manager of Fulai New Materials, and Yang Bing, Global Senior Vice President of Shengxiao Latex Business, respectively signed the contract on behalf of both parties. According to the agreement, both parties will uphold the spirit of "complementary advantages, equality and mutual benefit, and joint progress", deepen cooperation in material research and development, production and manufacturing, and technological innovation, and utilize the complementary advantages of Fulai New Materials in efficient production processes and research and development facilities, and Shengxiao in latex material technology to jointly develop high-performance and sustainable flexible packaging solutions, including high barrier coated paper and paper-based composite materials with good recyclability, to achieve two-way empowerment and expand the market. At the signing symposium, both parties exchanged ideas on jointly exploring high-performance flexible packaging solutions and other fields, further consolidating their partnership and expanding their areas of cooperation and exchange. Li Yaobang, General Manager of Fulai New Materials, stated that this signing marks a new starting point for both parties to work together and lays the foundation for future development. We believe that both parties will uphold the concept of pragmatic cooperation and mutual benefit, fully demonstrate their respective expertise, and work together to develop more innovative and sustainable packaging products, injecting new vitality and choices into the market. Yang Bing, Senior Vice President of Global Latex Business at Shengxiao, believes that this cooperation will open up new development opportunities for both companies and contribute positively to promoting the green transformation of the packaging industry. Looking forward to the future, both sides can further strengthen cooperation and work together to promote the generation of more innovative achievements. Since its establishment, Fulai New Materials has been committed to the research and development of new materials, accumulating rich technical experience and profound research and development capabilities. In recent years, Fulai New Materials has actively responded to the national "dual carbon" target strategy, formed the fiveR (Reduce, Reuse, Recycle, Replace, Reuse) sustainable development concept, and provided sustainable products, implemented green production models, etc. As a globally advanced supplier of plastics and latex, Shengxiao is deeply involved in various market applications of specialty paper and cardboard, using professional technology and industry knowledge to support the sustainable development of the packaging industry and provide sustainable solutions for specific packaging applications. This cooperation will fully leverage the advantages of both parties, jointly promote the implementation and transformation of more cooperation results, and meet the market's demand for high-performance and sustainable packaging materials. In the future, both parties will take this signing as an opportunity to focus on high-performance flexible packaging solutions, strengthen strategic mutual trust, expand cooperation space, jointly promote the green transformation and upgrading of the packaging materials industry, achieve complementary advantages and win-win cooperation, and continuously create new prospects for high-quality development. Fulai New Materials (stock code: six hundred and five thousand four hundred and eighty-eight) was founded in two thousand nine and is a national high-tech enterprise specializing in the research and development, production, and sales of multifunctional composite materials for coating. It is also a national level "specialized, refined, and innovative" small giant enterprise. The company has been committed to the research and development of new materials, driven by innovation, to provide customers with multifunctional, multi scenario, and diversified product solutions. END Foley

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