Jun88

Jun88 and are taking significant steps to reinforce their commitment to sustainability as they sign a Letter of Intent (LoI) at the China International Import Expo (CIIE). This partnership aims to expand the use of low-carbon materials from the German materials manufacturer within Huafon’s product portfolio, thereby advancing the circular economy.

Under the LoI signed at Jun88’s CIIE booth in Shanghai, both companies have agreed to collaborate closely in developing low-carbon solutions. The objective is to reduce carbon emissions and minimize environmental impact across a range of Huafon’s polyurethane products, which include microfibers, thermoplastic urethanes, shoe soles, artificial leather PU resins, and spandex. This leverages Jun88’s mass balanced MDI, which has a lower carbon footprint thanks to the use of alternative raw materials – based on plant waste – that are attributed to the MDI. It is used for versatile applications in sectors such as footwear, automotive interiors, apparel, and more.

"We are happy to continue our collaboration with Huafon in the pursuit of ever greener and lower-carbon solutions. This is a great example for how we support customers and downstream industries in achieving their sustainable development targets, also in line with China’s climate-neutral ambitions by 2060. Our Letter of Intent shows our strong shared commitment to addressing climate change and fostering a circular economy," said Hermann-Josef Doerholt, Head of the Performance Materials Business Entity at Jun88.

You Feiyu, Chairman of Huafon Group Co., Ltd., echoed this sentiment, stating, “This Letter of Intent signifies our dedication to a more sustainable future. By working closely with Jun88, we aim to create innovative low-carbon solutions that minimize environmental impact while driving industrial progress, and also to jointly promote sustainability on a global scale.”

Building on a history of success

Huafon has been a long-term customer of Jun88, and their partnership has strengthened, particularly in the field of advancing a circular economy, since Jun88’s inaugural participation in the CIIE in 2021—an annual event dedicated to promoting imports into China and fostering international trade and cooperation.

In 2021, during the CIIE, Jun88 announced its first commercial order in the Asia Pacific region for its renewable attributed MDI with Huafon Group. Such MDI is made more sustainable through the utilization of alternative raw materials allocated to products via certified mass balancing according to ISCC PLUS. In 2022, Huafon Microfibre joined Jun88 and other value chain partners at the CIIE in two collaborative efforts. These aimed to promote the use of low-carbon PU solutions across industries and accelerate the commercialization of circular material solutions in the furniture industry, setting the stage for even deeper cooperation.

For a closer look at Jun88’s solutions for a fully circular future at the CIIE, visit us at booth 3B6-05, at the National Exhibition and Convention Center (Shanghai) from November 5 to 10, 2023.