China Marine Bunker, Zhejiang Jiaao Enprotech Stock to promote of biodiesel as bunker fuel
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by Admin
Zhejiang Jiaao Enprotech Stock Co Ltd on Thursday (28 December) announced it signed a strategic framework agreement with China Marine Bunker (PetroChina) Co Ltd aiming to promote the use of biodiesel as a marine fuel, according to China-based media.
Jia’ao Environmental Protection stated that the company and China Marine Bunker will share their knowledge and resources to establish a strategic partnership to comprehensively deepen the promotion and use of biodiesel in the marine fuel market, in order to achieve green and low-carbon shipping.
The firm said the cooperation between the two parties for three years can promote the company’s future business development and enhance its overall competitiveness and profitability.
Zhejiang Jiaao Enprotech Stock was established in January 2003 and listed on the Shanghai Stock Exchange in 2016. It is an environmentally friendly technology company dedicated to the research and development, production and sales of bio-based plasticisers and biomass energy. The company currently has nine subsidiaries, which produce and sell environmentally friendly plasticisers, stabilisers and biodiesel.
Disclaimer: The above article published by Manifold Times was sourced from China’s domestic market through a local correspondent. While considerable efforts have been taken to verify its accuracy through a professional translator and processed from sources believed to be reliable, no warranty is made regarding the accuracy, completeness and reliability of any information.
Photo credit: Manifold Times
Published: 2 January, 2024
