Evonik and Sanju Company establish strategic cooperation

On August 23, 2018, Evonik Industries Group and Beijing Sanju Environmental Protection New Materials Co., Ltd. ('Sanju') signed a strategic cooperation memorandum in Beijing. Dr. Ke Leshi, President of Evonik North Asia and Dr. Lin Ke, President of Sanju Mr. signed the relevant documents on behalf of both parties.

According to the agreement, the two parties will cooperate in innovative research and development, process and technology applications, and carry out substantive cooperation in the fields of catalyst and carrier technology, membrane separation technology, other special chemical products and additives.

Evonik is one of the world's leading specialty chemicals companies, headquartered in Germany. Evonik continues to focus on solutions for China's development opportunities, continuously enhancing local innovation, helping Chinese and Asian customers to enhance their competitiveness; At the same time, it will promote the technological upgrading of the upstream and downstream industry chain, and promote the overall development of China's chemical industry.

Dr. Ke Le Shi said that China is one of the most important growth markets in Evonik. Evonik attaches great importance to cooperation with leading local enterprises in China. Evonik and Sanju are very focused on innovation and sustainable development. Together, we look forward to the establishment of a comprehensive strategic partnership between the two parties to jointly expand the relevant market and better serve local customers.

Founded in 1997, Sanju is a high-tech enterprise that provides products, technologies and services for the cleanliness of products in the basic energy industry, product quality improvement and clean production process. In fiscal 2017, Sanju created approximately RMB 22.5 billion. Sales, an increase of 28% year-on-year; realized net profit attributable to owners of the parent company of 2.54 billion yuan, an increase of 57%.

Mr. Lin Ke said that Evonik is an internationally renowned company. The cooperation between Tripoly and Evonik has been going on for two years. Cooperation with it can enhance the technical ability of Trinity. Triad will set up a new department and play a triad market. Production advantage, fully promote the substantive cooperation with Evonik, and create favorable conditions for further cooperation between the two sides.

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