Germany Enexio Water Technology Co., Ltd. and China Liaocheng Xinfa Co., Ltd. signed a cooperation agreement on August 28 to form Xinfa-Enexio Water Technology Co., Ltd. to produce plastic packaging materials for power plant cooling towers.
Enexio said that as part of the agreement, the two companies will also establish a packaging material plant. The new plant is in a better position for infrastructure and logistics, especially in the supply of raw materials, polyvinyl chloride (PVC) and the delivery of finished products to Customers from all over Asia. Xinfa is also a manufacturer and consumer, as the company will use the packaging materials in the cooling towers of its own power plants. Zhang Gang, chairman of Xinfa Group, said: 'Regional production and ours Sales experience helps improve customer acceptance and helps joint ventures achieve rapid success.'