CCGC (China Composites Group Corporation Ltd) entered the Cooperative Framework Agreement on Aqueous Processing with Mitsubishi Corporation and Swing Corporation on Oct.14th, 2011.
Under the manoeuvre of CNBM’s (China National Building Materials Group Corporation) ‘Three New’ strategy, CCGC clearly positioned aqueous processing as its new strategic business. In order to realize mutual complementation of each other’s advantages, collaboration among leading companies, and the development of China’s water business market jointly, CCGC actively established the relationship with Mitsubishi and Swing as its strategic cooperative partners that possess advanced technologies and rich experience in aqueous business investment and finance, equipment manufacturing and engineering design operation.