On August 23, 2018, Evonik Industrial Group ("Evonik") and Beijing Sanju Environmental Protection New Materials Co., Ltd. ("Sanju") signed a strategic cooperation memorandum in Beijing. Dr. Ke Leshi, President of Evonik North Asia, and Mr. Lin Ke, President of Sanju, signed the relevant documents on behalf of both parties. According to the agreement, the two parties will carry out in-depth cooperation in the fields of innovation research and development, process and technology application, and carry out substantial cooperation in the fields of catalyst and carrier technology, membrane separation technology, other special chemical products and additives.
Evonik is one of the world's leading specialty chemical companies with headquarters in Germany. Evonik continues to focus on solutions for development opportunities with Chinese characteristics, and continuously enhances local innovation to help Chinese and Asian customers improve their competitiveness. While achieving its own business growth, it also drives technological upgrades in the upstream and downstream industry chains and promotes the development of the Chinese chemical industry Overall development.
Dr. Kollsch said that China is one of Evonik's most important growth markets in the world. Evonik attaches great importance to cooperating with leading enterprises in China's local industry. Evonik and Sanju both attach great importance to innovation and sustainable development. This time together, we look forward to the establishment of a comprehensive strategic partnership between the two parties to jointly expand related markets and better serve local customers.
Founded in 1997, Sanju is a high-tech enterprise that provides products, technologies and services for the cleaning of products in the basic energy industry, the improvement of product quality and the cleaning of production processes. In fiscal 2017, Sanju generated sales of approximately RMB 22.5 billion, a year-on-year increase of 28%; and realized a net profit attributable to owners of the parent company of RMB 2.54 billion, a year-on-year increase of 57%.
Mr. Lin Ke said that Evonik is an internationally renowned company. The cooperation between Sanju and Evonik has been going on for two years, and cooperation with them can enhance Sanju's technical capabilities. Sanju will establish a new department, make full use of Sanju's market and production advantages, and fully promote the substantial cooperation with Evonik to create favorable conditions for further in-depth cooperation between the two parties.