Huafu Joins Coase To Create INSQIN Manufacturers' Partner Program

China's leading polyurethane (PU)

Huafu has become the newest partner to join the Cox maker certification network, and will jointly promote the supply of waterborne PU fashion materials.

Cosset, the world's leading polymer material supplier, has further expanded its INSQIN manufacturers' partnership program and signed a cooperation agreement with Kunshan Huafu new material Limited by Share Ltd (NEEQ: 832152).

Kunshan Huafu new material Limited by Share Ltd is a leading company engaged in manufacturing PU synthetic materials in China.

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The two sides will work together to develop new water-based PU materials for the fashion industry.

The INSQIN manufacturers' partnership program was established in July 2015 and is a bridge linking all aspects of the PU coating material supply chain.

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Partners must be committed to sustainable development and high pparency operations for a long time, and use the water-based PU coating technology created by COSCO and the production process authorized by COSCO to meet the ever-growing sustainability requirements of branding.

Huafu is the newest partner to join the project.

As a global enterprise, Huafu has many years of experience in the manufacture of clothing synthetic leather and application of water-based materials, and serves many world-famous brands.

Mr. Ni Gule, Nick Smith, general manager of cosmos global textile and coatings business, said: "brands and retailers are paying more attention to the building of sustainable supply chain. A very important part of it is to establish a partnership based on sustainability so as to promote the development of new materials.

The long term partnership promoted by the INSQIN manufacturers' partnership program has created new opportunities for the sustainable development of PU textile material value chain, and PU is an indispensable material for fashion and sportswear industry.

Huafu has been a model enterprise for providing high-quality materials and adhering to sustainable production for many years.

We very much welcome Huafu to join this program and look forward to launching this exciting new product with our new partners this year. "

Through this project, Ke Si will provide a world-class technical support for Hua Fu to help Hua Fu further optimize the application of INSQIN technology.

At the same time, Hua Fu can also use Coase Shanghai polymer research and development center of the pilot line for prototype development.

Huafu's production process and management system will also be tested by the globally accredited third party rating agencies.

Shen Youlin, general manager of Kunshan Huafu new material Limited by Share Ltd, said: "Huafu follows the concept of customer centered innovation and sustainable development and constantly surpasses international standards.

Huafu has been very interested in the application of waterborne PU materials.

We are very honored to be recognized by COSCO and become an important partner of COSCO.

Through the advanced technology, technology and skills brought by this cooperation, we look forward to bringing new PU products to our customers in the near future.

About COSCO:

COSCO Group's global sales volume reached 12 billion 100 million euros in 2015. It is one of the largest polymer manufacturers in the world. Its core business areas include the production of high-tech polymer materials and the development of innovative solutions for products used in many daily life areas.

The key industries of services include: automobile industry, electrical / electronic industry, construction industry, sports and leisure industry.

The predecessor of the COSCO Group is Bayer Material Polytron Technologies Inc, which has 30 production bases worldwide, and has approximately 15700 employees (full time employees) in the first quarter of 2016.