Leading manufacturer of the packaging industry in China, Yino Packaging Co., Ltd. recently signed an annual supply agreement with SABIC, a global diversified chemicals company. According to this annual supply agreement, SABIC will provide more High-quality, more stable foam-specific materials. Both parties will also work together to develop recyclable and innovative packaging materials for e-commerce logistics, as well as lighter-weight foaming materials to ease the over-packaging of China's e-commerce industry while reducing logistics. cost.
This year's supply agreement is a further cooperation following the signing of a cooperation memorandum between INOCON Packaging and SABIC in November 2017. At the recent Chinaplas, INOCON Packaging also held a meeting with SABIC's top management team on the development of new products. And further cooperation, conducted discussions and exchanges.
According to Chen Gang, Executive Director of Yino, “With the rapid development of the e-commerce industry, overpackaging has become increasingly serious. Through this cooperation with SABIC, we can work together to develop more excellent innovative packaging materials, better for Jingdong and Suning. , SF, Debon and other leading domestic e-commerce and logistics companies provide services and help them reduce excessive packaging, achieve recycling and sustainable development.
Sergi Monros, SABIC's Vice President of Functional Plastics and Industry Solutions, said: 'We are very pleased to sign the annual supply agreement with Yinuo Packaging. Yino Packaging is a leader in China's protective packaging, and SABIC is pleased to provide high quality to Yino. Supplying stable polyolefin materials. Signing an annual supply agreement with a company focused on protective foam packaging is another important milestone for SABIC in China, demonstrating SABIC's commitment to the development of the Chinese market.
SABIC is committed to providing foaming solutions for the entire industry chain and continues to work in this area. SABIC has a professional global foaming business and marketing team that can centralize and quickly implement solutions to meet global customers and partners. The demand. The close cooperation with customers and partners has enabled SABIC to master a large number of different foaming processes and has developed a diversified foaming portfolio that is suitable for almost all end customers.
According to statistics from the State Post Bureau, China had 40.1 billion pieces of express delivery business in 2017, a year-on-year increase of 28%, and it has remained the world's best for four consecutive years. However, the development of e-commerce and express logistics has also exposed some problems, such as the impact of overpackaging. Environment and other issues.
Yinuo specializes in EPE (foamed polyethylene) products and composite products, mainly serving the e-commerce industry. After approval by the China Packaging Federation, Yinuo also established the China E-commerce Logistics Packaging R&D Center, dedicated to e-commerce logistics packaging. Technological innovation.