Ren Jianxin, the ChemChina GM, had a meeting with Nikkaku Akihiro, the president of the Toray Engineering Corp and his entourage, the morning of Dec 27, where they were able to hold a frank exchange of views on the shaky macroeconomic situation in 2012, and the business challenges they face in 2013.
Nikkaku Akihiro said that he looks forward to further cooperation with ChemChina in membrane equipment, water treatment, and environmental science to help expand into the China market. Ren replied that ChemChina sees the cooperation in a rational way and, with an economic rebound in 2013 and greater structural adjustments there could be more market opportunities in the coming year that could benefit ChemChina - Toray Engineering cooperation.