China’s ZKH Industrial, US’ Dow Sign Sixth CIIE’s First Order Worth USD300 Million(Yicai) Nov. 6 -- Chinese industrial product service platform ZKH Industrial Supply and US material science firm Dow signed the first order of this year’s China International Import Expo, which is worth USD300 million.
ZKH Industrial will purchase organosilicon from Dow, according to the deal signed yesterday, The Paper reported. The pair will jointly explore downstream markets, such as electronics, transportation, new energy, packaging, and construction.
ZKH Industrial reached strategic partnerships with seven international companies, including French digital automation and energy management giant Schneider Electric, US chemical behemoth DuPont, and Dutch electronics titan Philips, at the CIIE yesterday. The value of the purchase orders the Shanghai-based firm signed with them exceeded CNY4 billion (USD549.2 million).
ZKH Industrial is a leading Chinese maintenance repair and operations procurement service platform that provides companies with one-stop industrial supplies procurement and management services.
Established in 1897, Dow is a world-leading material science firm. This year marks the company’s sixth appearance at the CIIE.
Editor: Futura Costaglione