Sino German Textile Enterprises Establish New Fiber Research And Development Center In Germany
Shenghong group, Wujiang, Jiangsu, has recently signed a contract with the German multinational company orrican. The two sides have jointly invested 10 million euros to establish a new fiber research and development center in Remscheid, Ruhr, Germany. Miu Hangen, chairman of Sheng Hong Group's board of directors, said that the sales volume of enterprises will exceed 10 billion yuan this year. The development goal of the group is 35 years, so that the output value will reach 30 billion yuan. Sheng Hong Group has established textile inspection center and chemical fiber testing center approved by relevant state units. Last year, it applied for 366 patents. Last year, 9 new products were developed through provincial appraisal. The research and development center in Germany will apply for the relevant license in Germany. The two sides will carry out research on functional fibers such as healthy fibers and conductive fibers.
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