On the morning of August 30, the inauguration ceremony of the “Joint Laboratory of JWELL and SABIC” was held in Liyang, Jiangsu Province, which was jointly established by JWELL and the world's leading chemical giant Saudi Basic Industries Corporation (SABIC). The two sides will focus on the application of advanced Extrusion in the fields of new energy, metal substitution and recycling economy, carry out in-depth technical cooperation, and jointly promote the technological innovation and industrial upgrading in this field.
As a global extrusion technology solution provider, Jwell Machinery has been committed to providing customers with intelligent equipment and total solutions in various segments of plastic extrusion.
And SABIC, as one of the world's leading multinational diversified chemical enterprises, with its rich knowledge of material science and strong technical innovation ability, has laid a solid foundation for the cooperation between the two sides.
In the presence of Mr. He Haichao, Chairman of JWELL and Lina Prada, Director of Global Application Development and Industry Solutions of SABIC, the opening ceremony of “JWELL and SABIC Joint Laboratory” was successfully held. The Joint Laboratory will integrate the strengths of SABIC in the rich material portfolio and JWELL's expertise in the field of plastics extrusion to jointly develop multi-disciplinary extruded material application solutions. The joint lab will integrate SABIC's strength in rich material portfolio and JWELL's expertise in plastics extrusion to jointly develop multi-disciplinary extrusion material application solutions. The synergies between the two companies will create unique competitive advantages and provide total solutions for common customers and industries.
“In a competitive market environment, our end customers harbor dreams of R&D and innovation, and aspire to break through the weight of homogeneous competition through product diversification and differentiation. It is based on such considerations that I believe close cooperation between raw material manufacturers and equipment manufacturers has become particularly important. Through innovative cooperation models such as co-built laboratories, we are not only able to undertake the R&D needs of small and medium-sized product companies, with equipment manufacturers providing the necessary laboratory equipment support, but at the same time, raw material manufacturers are able to plan a portion of their raw materials for use in assisting their customers with R&D work.”
“Today, we are joining hands with SABIC, the world's leading chemical giant, to establish a joint laboratory, which is not only an important milestone in Jwell's development history, but also a new starting point for both of us to work together in the fields of new energy, metal substitution and circular economy.”
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Jwell started manufacturing screws and barrels in 1978, making it one of the earliest screw and barrel manufacturers in China. Its brand, "Jinhailuo", has become well recognized in the industry. In 1997, Jwell was established as a plastic extrusion machinery manufacturer and began the production of extrusion machinery. Today, Jwell is the vice president unit of the China Plastics Machinery Industry Association and one of the technology leaders in the extrusion machinery industry.
