On January 19, 2024, the launching ceremony of the BASF-Xuchuan-Anan strategic cooperation on low-carbon footprint solutions was held at the headquarters of Asahikawa Chemical. Jiang Ping, Chairman of Xuchuan Chemical, Ruan Kaiming, Global President of BASF's Monomer Division, and Lin Tiansheng, President of An'an, attended the launching ceremony, which is a milestone event of the tripartite strategic cooperation and a key measure to jointly implement the "dual carbon" goal and promote the sustainable development of the industry.
Mr. Jiang Ping, Chairman of Xuchuan Chemical, said: "Xuchuan Chemical has always regarded innovative development, green and low-carbon, and sustainable development as an important strategy for the company's high-quality development. The main purpose of this collaboration is also to work together to reduce carbon emissions in the value chain, accelerate the transition to a circular economy, develop more innovative low-carbon solutions, and help achieve carbon neutrality. We are excited to contribute to sustainability and look forward to further deepening our partnership in the future."
BASF is the world's largest chemical group, a Fortune 500 company, and has been named "the world's most admired chemical company" by the American business magazine Fortune. BASF believes that the transition to biomass or waste-based non-fossil feedstocks is the key to a low-carbon circular economy, and its mass balance approach provides a fast, economical, scalable and socially acceptable way to transition a large number of products.
AnAn (China) Co., Ltd. is a synthetic leather manufacturing enterprise dedicated to high-end product technology innovation and brand building. Always adhere to the concept of green and sustainable development, and strive to put into green production actions, rely on environmentally friendly products, drive green upgrading with innovation, firmly practice ESG, and always move forward as a leader in green development in the industry.
As part of the three parties' commitment to sustainability, Xuchuan Chemical, BASF and AnAn will continue to invest in R&D to further improve their low-carbon footprint solutions. The strategic partnership will also encompass joint marketing to promote sustainable products and practices to customers and the wider public.
Xuchuan Chemical established in 2007, company registered capital is RMB 500 million. The main products are all ranges
Polyester Polyol, polyurethane resin for shoes, water-based and solvent-free polyurethane resins for artificial leather, polyurethane bonding adhesives and polyurethane hot melt adhesives.
Now Xuchuan has 4 modern production bases, production capacity reached 920,000 tons per year, products exported to 40 countries and regions in the world.
