August 12, 2024 – Recently, Anhui Anli Material Technology Co., Ltd. has forged a strategic partnership with BASF Polyurethane Specialties (China) Co., Ltd. This collaboration will center on jointly advancing the global development and promotion of Haptex® solvent-free eco-friendly materials, aiming to steer the entire industry towards a more environmentally friendly direction.
According to the Color Masterbatch Industry Network, the partnership between BASF, a leading global supplier of polyurethane raw materials, and Anli is a powerful alliance. The two parties will leverage their respective resources and strengths to engage in deep cooperation across multiple levels, including technical research and development, market promotion, and business model innovation for Haptex® solvent-free eco-materials. This move is expected to not only enhance Anli’s core competitiveness in the global market but also drive the transformation and upgrading of the entire industry chain, bringing greener and more low-carbon lifestyle materials to global consumers.
Headquartered in Taohua Industrial Park, Hefei Economic-Technological Development Zone, Anhui Province, Anli has been focusing on the research and production of eco-functional polyurethane synthetic leather and polyurethane composites since its establishment in 1994. The company was successfully listed on the Shenzhen Stock Exchange in 2011 and has been ranked as the top enterprise among “China’s Top Ten Enterprises in the Light Industry Plastics Industry (Artificial Leather and Synthetic Leather)” for many years. It has also been recognized as a “National Manufacturing Single Champion Demonstration Enterprise” by the Ministry of Industry and Information Technology of China.
Currently, Anli operates 40 dry and wet production lines with an annual production capacity of 88.5 million meters of polyurethane composites and 70,000 tons of polyurethane resin. Its products are widely used in various fields such as functional footwear, home furnishing, electronic products, and automotive interiors, maintaining close cooperative relationships with many domestic and foreign well-known brands.
In the first half of 2024, the company showed strong performance, with sales revenue increasing by approximately 29.1% year-on-year. Its main products achieved both volume and price increases, resulting in significant growth in operating income. The company predicts that it will achieve a net profit attributable to shareholders of between 88 million and 98 million yuan in the first half of 2024, representing a year-on-year increase of 9348.14% to 10421.8%. This demonstrates the robust development trend of its main business and high profit growth.