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On April 28, Wuhu Conch Venture Environmental Protection,a subsidiary of Conch Venture, signed a joint venture agreement with Sinochem (Zhejiang) Membrane Industry Development Co., Ltd.(abbreviation:"Sinochem Development of membrane industry"),a subsidiary of Sinochem International (Holdings) Co., Ltd.(abbreviation:"Sinochem International", stock code: SH600500) at Shanghai Sinochem International headquarters.Zhang Keke, assistant general manager of Conch Venture, and Zhou Haiming, general manager of Sinochem Membrane Industry Development, signed a joint venture agreement on behalf of both parties.Conch Venture chairman Guo Jingbin, president of Sinochem Group chemical division, general manager of Sinochem International Liu Hongsheng, deputy chief of Xiangshan county, Ningbo city, Zhejiang province Shi Jianding and other relevant leaders attended and witnessed the signing ceremony.
Sinochem Membrane Industry Development is a company engaged in environmental protection business established by Sinochem International and Zhejiang Ningbo local urban investment group in mainland China.The company has mastered core technologies such as R&D and production of membrane materials, application processes, and liquid zero-emission salinization.Besides, the company has core competitiveness in business fields such as fine chemicals, new membrane materials, sewage treatment, etc.
According to the agreement, the two parties will set up a joint venture company holding by Conch Venture to develop jointly in the field of co-processing fly ash in cement kilns and create a new chapter in the ecological environment industry.Both parties will take advantage of the technical advantages and rich practical experience accumulated by Conch Venture in the field of co-processing solid hazardous wastes in cement kilns, combined with the application technology of fly ash water elution chlorine membrane , salt separation crystallization technology and salt recycling advantages mastered by Sinochem International.The two parties will promote the expansion of the market for co-processing cement kiln fly ash and the improvement of benefits nationwide to achieve mutual benefit and common development.
Before the signing ceremony, Guo Jingbin, chairman of Conch Venture, led a management team to meet with Sinochem International management and relevant leaders of Xiangshan County government.
Guo Jingbin, chairman of Conch Venture, said that Conch Venture, as the leader in domestic cement kiln co-processing industrial solid and hazardous waste industry, not only always puts the interests of shareholders first, but also always implements the social responsibilities of environmental protection enterprises and pursues the social economy sustainable development.Through the strong cooperation with Sinochem International,Not only establishes a platform for the convergent development of Conch Venture and Sinochem International in the fly ash disposal business, but also provides an opportunity for the two parties to carry out broader cooperation in the entire solid hazardous waste disposal industry in the future.The two sides will further explore more advanced technologies and innovative cooperation models to achieve mutual benefit, win-win cooperation, and common development.
Liu Hongsheng, president of Sinochem Group chemical division and general manager of Sinochem International, said that both parties not only have common goals in the business scope, but also have the same height and pursuit in corporate culture, safety management and social responsibility.Through this cooperation, Sinochem International and Conch Venture will strive to fully realize the resource sharing and complementary advantages of both parties in terms of technology, market, safety management, etc. to jointly achieve innovation, linkage and integrated development.
