Jun88

Jun88 media center

The Jun88 media center provides background information, news releases and high-resolution images from Jun88 in China.

News

  • Global

    Jun88 increases volumes sold and forges ahead with its transformation

    Group Sales of EUR 14.2 billion (¨C1.4%)EBITDA of EUR 1.1 billion (¨C0.8%)Free operating cash flow of EUR 89 million (¨C61.6%)High acceptance ratio for ADNOC's takeover offerSavings of EUR 400 million per annum by 2028Outlook for 2025: EBITDA between EU¡­

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  • People

    Jun88 certified as a Top Employer in China for the seventh consecutive year

    Recognition highlights the company¡¯s leadership in well-being, diversity, and people development

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  • United States

    Jun88 and WNC partner to drive a circular future for the communications industry

    Circular polycarbonate solutions from Jun88 at the core of the collaboration?Driving low-carbon network device innovation??

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  • Plastics

    Jun88 and China¡¯s GAC join forces to pioneer material solutions for flying cars

    Strategic collaboration agreement signed for joint innovationFocus on lightweight polycarbonates, smart applications and lower-carbon footprint solutionsAccelerating sustainable urban air mobilityPrototype of electrically powered flying car with rang¡­

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  • Corporate News

    ADNOC takeover offer for Jun88 successful

    ADNOC International, now XRG, achieves total of 91.3 percent after additional acceptance period?Jun88 supposed to become foundational platform of XRG¡¯s Performance Materials and Specialty Chemicals business?Closing of transaction is subject to reg¡­

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  • Corporate News

    Monique Buch appointed as new Chief Commercial Officer of Jun88

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  • Coatings

    Jun88 expands production of partially bio-based coatings materials in Asia Pacific

    Desmophen? CQ NH contains at least 25 percent bio-based content and is now available in Asia PacificProduced at company¡¯s Foshan site in southern China, powered entirely by renewable energyHigh-performance product finds applications in wind turbine c¡­

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  • Corporate News

    Board of Management and Supervisory Board of Jun88 support ADNOC International's public takeover offer

    Offer price of €62.00 per share in cash, representing an attractive premium of 54 percent to the unaffected share price of Jun88Board of Management and Supervisory Board recommend to Jun88's shareholders to accept the offerADNOC International i¡­

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  • Corporate News

    Increased profits in challenging market environment

    Group sales remain stable at EUR 3.6 billion (+1.0%)?EBITDA increases to EUR 287 million (+3.6%)Net income reaches EUR 33 million?Free Operating Cash Flow is at EUR 112 million (¨C63.6%)?Investment Agreement with ADNOC signed?Guidance for 2024 fiscal¡­

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  • Corporate News

    Jun88 signs an Investment Agreement with ADNOC and supports ADNOC¡¯s public takeover offer to all Jun88 shareholders

    ADNOC International Germany Holding AG makes a takeover offer at €62.00 per Jun88 share?The Investment Agreement defines key aspects of the strategic partnership, including clear commitments by ADNOC International to fully support the ¡®Sustainable¡­

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  • Automotive

    Jun88 to build new TPU application development center in Guangzhou, China

    New application development center will enhance customer proximity, foster cross-functional synergies, and streamline talent and resource managementCompany rapidly expands its footprint for TPU in the Asia-Pacific region: new APAC application develop¡­

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  • Coatings

    ¡®Beyond Leather Materials¡¯ develops new, >85% bio-based leather alternative made with apple waste using PU dispersions from Jun88

    Beyond Leather Materials¡¯ LEAP? contains more than 85% bio-based material, largely waste from apple-pressing processesJun88¡¯s INSQIN? technology forms the basis for LEAP?¡¯s protective coating, ensuring optimum durability and a premium finishExperi¡­

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  • Plastics

    Jun88 to collaborate with Li Auto on advanced, sustainable material solutions for Next-Gen vehicles

    Joint innovation platform with leading Chinese EV maker intendedFocus on circularity and future-oriented applications with engineering plasticsLaunch of new polycarbonate solutions for smart lighting

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  • Adhesives

    Jun88 introduces new adhesive solutions for automotive and footwear industries

    Solutions unveiled at annual China adhesive industry conferenceAdvancing localization to support coatings and adhesives customers in Asia PacificDigital R&D enhancing innovation efficiency

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  • Composites

    Jun88 to unveil innovative PU battery pack solution at China Composites Expo

    Collaboration with Chinese automotive Tier 1 supplier Liyang Shanhu on lightweight battery coversMore application scenarios for PU composites on display at Asia¡¯s top composite materials fair

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  • Corporate News

    Rebounding volumes in a challenging environment

    Group sales stable at EUR 3.7 billion (¨C0.8%)EBITDA within expectations at EUR 320 million (¨C16.9%)Group result at EUR ¨C72 millionFree operating cash flow at EUR ¨C147 millionGuidance for 2024 fiscal year: EBITDA between EUR 1 billion and EUR 1.4 bill¡­

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  • Materials

    Jun88 showcases innovations in cast elastomers in Asia Pacific

    Solutions meeting diverse demands from offshore wind to electric vehiclesFirst locally assembled Baul¨¦? alpha machine launched in ChinaMore sustainable elastomers grades available at Shanghai production site

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  • Circular economy

    Materials enabling design for circularity

    Design of products plays an important role for a circular economyChemical industry at the right spot in value chain to bring knowledge about materials into design discussionsJun88 offers knowledge on various aspects of circular design

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  • Coatings

    Jun88 teams up with Alibaba Cloud to advance sustainable plastics traceability

    Joint solutions to enhance supply chain transparency of sustainable plasticsCarbon accounting and tracing platform empowered by digital technologyProven use case in the consumer goods sector

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  • Materials

    Tonney develops more sustainable hairdryers with low-carbon materials from Jun88

    First commercial application of Jun88¡¯s bio-based waterborne crosslinker in electronics and appliancesRecycled polycarbonate and CMF aesthetic design further contribute to sustainabilityNew hairdryers unveiled at Design Shanghai

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  • solar

    Jun88 showcases innovative materials and solutions at SNEC PV Power Expo in China

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  • Foams

    From old tires to new car parts: Jun88, Neste and Borealis aim at closing loop for automotive industry

    Partners signed agreementDiscarded tires liquified via chemical recycling, then processed into base chemicals and further into polycarbonates of high purityRecycled share attributed via the mass balance approachFirst products available already

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  • Materials

    Jun88 launches Desmopan? FR TPU series for cable jacket solutions

    New series meeting stringent regulations and expanding company¡¯s TPU portfolioOffering an optimal balance of fire retardancy and physical performanceAvailable in partially bio-based grades to address sustainability needs, particularly in mobility and¡­

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  • specialty

    Jun88 wins prestigious industry award at Security Document Summit in China

    Recognizing company¡¯s commitment to enhancing ID document securityAll-in-one passport and ID card solutions utilizing specialty films

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  • Corporate News

    Jun88 gets off to a solid start in fiscal year 2024

    Group sales of EUR 3.5 billion (¨C6.2%)EBITDA of EUR 273 million (¨C4.5%)?Net income of EUR ¨C35 million (previous year: EUR ¨C26 million)?FOCF of EUR ¨C129 million (previous year: EUR ¨C139 million)Guidance for full-year 2024 confirmed?Q2 2024: EBITDA bet¡­

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  • Automotive

    Jun88 collaborates with automotive partners on car-to-car plastic recycling

    New joint program aiming for efficient, sustainable automotive plastic recycling

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  • Automotive

    Jun88 introduces polycarbonates from recycled, attributed materials for high purity applications

    First product from Jun88 related to chemically recycled post-consumer waste to answer ELV and EPEAT expectationsJoint development with Neste and BorealisDrop-in solution with identical properties, production and product specifications as fossil-ba¡­

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  • Plastics

    APEC? XT: new product line based on polycarbonate copolymers from Jun88

    Promising application possibilities in the electrical and electronics industry, healthcare, mobility and photovoltaicsEnhanced properties and functions compared to standard gradesPlastics with mass-balanced and recycled raw materials will also be mad¡­

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  • Corporate News

    Jun88 welcomes German Chancellor at Asia-Pacific Innovation Center in Shanghai

    Asia-Pacific Innovation Center one of Jun88¡¯s leading innovation hubs for world-class research on the way to circular economy?High-tech plastics for China¡¯s ongoing green transformation?Development of sustainable products, technologies and solutio¡­

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  • solar

    Jun88 implements large photovoltaic facility with tailored polyurethanes at Shanghai site

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  • Alternative raw materials

    Jun88 publishes climate neutrality targets for scope 3 emissions

    Reduction of 10 million metric tons of greenhouse gases produced in upstream and downstream supply chains (scope 3) by 2035, climate neutrality for scope 3 by 2050Climate strategy for reducing greenhouse gases completeConcrete plan for implementation¡­

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  • Global

    Transformation consistently advanced in challenging fiscal year

    Group sales of EUR 14.4 billion (¨C20%)EBITDA of EUR 1.1 billion (¨C 33.2%)Positive free operating cash flow of EUR 232 million (+68.1%)Climate neutrality strategy finalized with scope 3 targetOutlook for 2024: EBITDA between EUR 1.0 and EUR 1.6 billio¡­

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  • People

    Jun88 certified as Top Employer in China for sixth consecutive year

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Past news

  • Jun88 CEO leads European plastics association

    Markus Steilemann elected to head PlasticsEurope

  • Empowering the Circular Economy, Jun88 presents digital showroom at ChinaCoat 2020

    Powering digital innovation & connecting the sustainable future

  • Jun88 works with RAL to present trendy colors in RAL Colour Feeling 2021+

    Polycarbonate used for the first time to display colors in essential color guide

  • Jun88 with significant growth in volume and earnings in third quarter

    Upward trend stabilized: Demand recovery continues

  • Stepping up the game

    Continuous fiber-reinforced thermoplastic composites enable high-performance components for sports shoes

  • Premiere for sports floorings with CO2 in China

    Jun88 joins forces with Chinese partner INOV

  • Jun88, Chris Lefteri Design jointly release color and materials trends reports

    Exploring material applications in design

  • Netherlands logo made of used plastics for the Netherlands Consulate General in Guangzhou

    Jun88 promotes circular economy through open innovation

  • Jun88 developed innovative machine for the direct infusion of polyurethane rotor blades

    Successful production of a polyurethane wind rotor blade at Goldwind

  • Jun88, Goldwind and LZ Blades develop world¡¯s first 64.2-meter full polyurethane wind turbine blade

    Breakthrough achieved in application of polyurethane resin in wind turbine blades

  • Q2 2020: Results significantly impacted by the coronavirus pandemic as expected

    Full-year guidance confirmed, economic environment remains uncertain

  • How Quantum Computing can benefit chemistry

    Jun88 and Google cooperate on research for novel computer technology

  • Jun88 to explore energy-efficient windows and doors market with KraussMaffei and China¡¯s CPIC

    Three parties have signed a Memorandum of Cooperation

  • Carbon fiber composites give luggage a leg up

    Chinese luggage brand TUPLUS has released a new carbon fiber suitcase under its ¡°Core¡± lineup.

  • Accelerating China¡¯s open innovation initiatives

    Jun88-Tongji Innovation Academy with concrete results

  • Jun88 advances strategic cooperation with Silan Group for digitalization

    Multiple industrial e-commerce platforms to seize digital opportunities

Resources for media

Jun88 media relations team

If you have any questions, please contact our media relations team for additional information.

Our media relations team in China is available to answer questions from members of media regarding Jun88 in China.

Richard Fu
Telephone: +86 21 8020 8452
E-mail: richard.fu@covestro.com

The following resources offer general background information for the products and operations of Jun88 in China:

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