Location£ºHome >> News >> Company news
First Joint Venture of Pingmei Shenma Group in North America
Source£º±¾Õ¾ Datetime£º2012/3/28 Click£º32 Bookmark
“Pingmei Shenma (America) Co. Ltd”, joint venture of China Pingmei Shenma Group and America Titan Company, was established in 17th November in Los Angeles. The new company is the first joint venture of Pingmei Shenme Group in North America; its foundation raises the curtain for the larger-scale stated-owned coal and chemical group to achieve its internationalization.
Many distinguished guests attended in the establishment ceremony and expressed their congratulations and warm welcome, including representatives form the Chinese Consulate General in Los Angeles, David Lau, mayor of Monterey and congressmen Mike Eng, Anthony Wong and Stephen Sham etc. Liang Tieshan and Gong Guoshun, board chairman and deputy general manager of China Pingmei Shenma Group, as well as Zhang Hongjie, board chairman of America Titan Company also attended the ceremony.
As the most comprehensive production base of coking coal and power coal and Asia’s largest production base of nylon chemical products, Pingmei Shenma Group has established strategic cooperative relationships with more than 40 groups in FT Global 500, such as Invista, Bridgestone, Michelin and Goodyear, etc. Its products, such as industrial silk, cord fabrics and graphite electrodes, etc., are exported to more than 30 countries and regions, in which North America is the Group’s largest overseas trade region. Titan was founded in 2003, and its headquarter is in Los Angeles. The company’s business includes logistics, storage management, new energy, import and export, which cover the entire America.
The joint venture can provide Pingmei Shenma Group with warehousing and logistic services to shorten its supply cycle and increase its supply capacity. In addition, owing to its geographical advantages, the company can help Pingmei Shenma provide timely after-sales and technical services in North America, and keep it informed of the latest market trends and custom demands in the region, which are effective information support for the Group to make scientific strategy.
Previous£º
Next£º