en.Wedoany.com Reported - Sinochem Plastics and SDIC Bioenergy recently announced that they have reached an export strategic cooperation on the global market for fuel ethanol. During the matchmaking meeting held from May 5 to 25, the two companies decided to integrate their respective resources in fuel ethanol production and global chemical product distribution to jointly promote the entry of Chinese fuel ethanol products into the international market.

Previously, through close collaboration, the two sides successfully seized the policy opportunity in the Vietnamese market and completed the first batch of fuel ethanol exports, filling a gap in this business area. According to the cooperation plan, the two parties will next establish a long-term and stable supply-demand matching mechanism, focusing on exploring target markets such as Southeast Asia, Japan, and South Korea, while strengthening cooperation in the field of high-end customized ethanol products to explore new models and pathways for international trade in green chemical products. The achievement of this fuel ethanol export strategic cooperation will help enhance the market share and influence of Chinese fuel ethanol in the global supply chain.

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