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DYNEON AND MEILAN REACH COOPERATIVE AGREEMENT ON PTFE
November 22, 2004
Dyneon LLC 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.