Page 166 - CW E-Magazine (3-10-2023)

News from Abroad

PARTNERSHIP

Solvay inks agreement with Shengjian for technical

exchange, market development and material supply

Belgian chemicals firm, Solvay, and
Shanghai Shengjian Environment Tech-
nology Co. Ltd. have signed a strategic
partnership framework agreement to
strengthen their business relations and
expand into new markets.

Based on over 10 years of mutual
success in important segments of the
semiconductors, FPD (Flat Panel Dis-
play), solar power and other growth in-
dustries, the partners will intensify their
collaboration across all fields of new
product and new application develop-
ment, market development, technical
exchange and material supply.
strengthening our ties with strategic technical meetings, the partners Parties
“Shengjian has a leading position in end-customers,” he added. will also support each other through
flat panel display and semiconductor ap- seminars and participation in industry
plications supported by our innovative Under the new agreement, Solvay conferences, exhibitions etc.
material supply, and is seeking to boost and Shengjian will jointly promote the
its business growth with our technical development and marketing of com- The agreement secures Shengjian’s
support and high-performance product ponents, systems and processes in the strategic procurement of critical
portfolio,” said Mr. Peter Browning, semiconductor, FPD, solar power and high-performance materials from Solvay,
President of Solvay’s Specialty Poly- expand other demanding industries with gaining bigger market share of their ex-
mers Global Business Unit. deeper cooperation. Solvay will utilise panding products. In particular, under
its existing technological capabilities the framework agreement, Shengjian
“By reinforcing the strong bond bet- and business resources to assist Sheng- and Solvay will deepen their coopera-
ween our companies, this agreement jian in winning new customers and tion in terms of environmental protec-
will also create a win-win situation for expanding into new market segments. tion and sustainability as well as the
seizing new business opportunities and Besides regular information exchange and expanded semiconductor applications.

FRAGRANCES

CPL Aromas opens new factory in Malaysia

CPL Aromas, the British fragrance ment Development Authority (MIDA) space would offer a more streamlined
house, has opened its first fully auto- said in a statement. Trial production and efficient production process.
mated production facility in Malaysia, started in early June 2023, with full-
to serve the domestic and ASEAN scale production slated for the year- The factory has been designed to
markets. end, it added. minimise the company’s environmen-
tal impact and reduce carbon footprint,
CPL Aromas completed the produc- CPL Aromas described the new using technology including solar panels
tion facility in Pulau Indah, Selangor in facility as its “most sustainable factory and cold-storage insulated walls and
August last year, the Malaysian Invest- to date” and said that the 20,000-sq.m. ceilings. Rainwater harvesting sys-

166 Chemical Weekly October 3, 2023

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