China’s Cathay Biotech Inc. and South Korea’s 3P.COM Co. Limited signed an agreement to establish a joint venture, targeting the development of bio-based polyamide thermoplastic composites.
SHANGHAI, Feb. 8, 2024 /PRNewswire/ — Cathay Biotech Inc. (“Cathay”) and 3P.COM Co. Limited (“3P.COM”) signed a strategic joint venture agreement on January 16, 2024, in Shanghai, P.R.China. The collaboration will focus on advancing the development of bio-based polyamide thermoplastic composites tailored for critical applications such as hydrogen storage and transportation, urban air transport, and wind turbine blades. This partnership underscores the commitment to drive sustainability in new energy, transportation, …