11.15.04 - Dyneon and Meilan Reach Cooperative Agreement on PTFE
Oakdale, Minn., (November 15, 2004) – Dyneon LLC, a 3M company and one of the world’s leading fluoropolymer producers, and Meilan Group, a Jiangsu, China-based company and one of China’s leading fluorochemical producers, have reached an agreement to establish a Polytetrafluoroethylene (PTFE) manufacturing relationship in China to provide PTFE products for both Meilan and Dyneon.
With this move, Dyneon continues to build on its long-term commitment to the worldwide fluoropolymer business, effectively strengthening its product availability and reinforcing its ability to supply product globally. Under this arrangement, which is the first of a series of cooperative projects planned between the companies, Dyneon will be able to better serve and support its customers.
The cooperation allows the Meilan Group to continue to build on its long-term commitment to developing advanced technologies in China and strengthen its leadership position in the Chinese fluoropolymer industry. In addition, Meilan will be able to serve its customers’ increasing demands for high performance, high quality fluoropolymer products.
“We are very excited to be working with an organization that has an established reputation for technical competence,” said William Myers, President, Dyneon. “Working with Meilan to expand our capabilities is another confirmation to our customers of the commitment Dyneon has to offering products globally with multiple sources of supply.”
“Meilan is very proud to be the first company in the Chinese fluoropolymer industry that is able to leverage the experience of Dyneon, one of world’s leading fluoropolymer companies”, said Mr. Huhong Zhou, Chairman, Meilan. “Through the cooperative agreement with Dyneon, we will develop PTFE capabilities at an even faster pace. This, in turn, will help both companies become more successful in meeting the requirements and future wishes of our customers.”
PTFE is the preferred material for a wide-array of industries including automotive, chemical processing, wire and cable, aerospace, and semiconductor, in applications that require excellent heat and chemical resistance.
Dyneon, a 3M company, is one of the world’s leading fluoropolymer producers with operations or representation in more than 50 countries. Headquartered in Oakdale, Minnesota, Dyneon employs more than 800 people globally who are dedicated to customer service, technical and sales support, marketing, research, application development and production.
The Meilan Group is part of the Jiangsu Meilan Chemical Corporation, a large-scale chemical enterprise. The company’s product line includes materials based on both fluoro chemical and chlorine alkali chemicals. Additionally, Meilan has been awarded the title of “High and New Technology Advanced Enterprise” by the Jiangsu Province People’s Government. Founded in 1958, the corporation employees 1,800 people and is situated in the port city of Taizhou.