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Strategic Cooperation Agreement Signing Ceremony Between Juren New Materials And Wanhua Chemical Was Successfully Held!

Petrochemical Industry Going Global Alliance 2026-01-20 14:51:03

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On January 13, 2026, the signing ceremony for the strategic cooperation agreement between Juren New Materials and Wanhua Chemical was grandly held in Yantai Wanhua. Key business leaders and representatives from both sides gathered together to witness this significant moment, marking a new chapter of deep collaboration and shared development.

 

At the signing ceremony, Dr. Liu Mingzhong, General Manager of the Purchasing Department of Wanhua Chemical, delivered a speech introducing the company's development history, core advantages, and strategic layout. He stated that the two parties have been cooperating through the PCL (polycaprolactone) business since 2020. During this period, both sides have shared consistent business philosophies, leading to a steady increase in the volume of PCL cooperation. Currently, Juren New Materials has become a core supplier of PCL raw materials for Wanhua Chemical, while Wanhua Chemical has become the largest customer of Juren New Materials. Furthermore, both parties see broad prospects for future collaborative synergy in global business operations.

 

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Based on long-term development considerations and the spirit of "long-term cooperation and mutual benefit," both parties have reached a profound consensus through sincere collaboration during the 2023-2025 strategic cooperation period, and have jointly decided to continue their strategic partnership. Wanhua Chemical regards Juren New Materials as a strategic supplier, and will prioritize Juren New Materials for the PCL requirements of its existing and newly planned plants globally. Juren New Materials regards Wanhua Chemical as a strategic customer and will grant the highest priority to ensuring the fulfillment of Wanhua Chemical's requirements.

 

Mr. Wang Hanyu, Chairman of Juren New Materials, stated that Wanhua Chemical’s professional expertise, market reputation, and spirit of innovation in its field are truly admirable, having maintained a steady growth momentum for many years. Juren has been deeply involved in the caprolactone industry for a long time, possessing core advantages in raw material quality control, large-scale supply, and customized adaptation. This ongoing partnership with Wanhua aims to provide stable and high-quality raw material support through precise demand matching and supply system optimization. Simultaneously, Juren seeks to achieve steady business expansion by leveraging Wanhua’s market presence, ultimately reaching a win-win situation and collaborative development. He emphasized that both parties will take long-term cooperation as a cornerstone to establish a normalized communication mechanism for supply and demand, working together to solidify the foundation of the upstream industry chain and create a new chapter for high-quality industry development.

 

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It is understood that the strategic cooperation agreement signed this time clarifies the principles of supply and demand, quality standards, delivery timelines, and fulfillment guarantee mechanisms, outlining a clearer path for future collaboration. The partnership focuses on the core raw material supply chain, covering key areas such as the R&D and adaptation of premium materials, large-scale stable supply, end-to-end quality control, and supply chain collaborative optimization. Both parties will leverage their respective core advantages to achieve an efficient alignment between upstream raw material supply and downstream production demands. Together, they will address challenges such as market fluctuations and quality control, solidifying their core competitiveness in their respective fields.

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