Guangwei Group and Adesso Signed a Strategic Partnership Agreement and Launched the World First Recyclable CFRP Fishing Rod during the 7th National Guangwei Fishing-King Cup Tournament Final

Weihai, Shangdong, China & Wuxi, Jiangsu, China – September 13, 2014

Guangwei Group (China) and Adesso Advanced Materials (China) today signed a formal strategic partnership agreement in Weihai, Shangdong Province, China and launched the world first recyclable fishing rod made with Adesso’s Recycloset® resin technology. The two parties aim at collaborations on development of recyclable resin formulations, recyclable pre-preg and recyclable composites. Mr. Liang Chen, Board Chairman, Mr. Xiangyang Deng, General Manager, at Guangwei Group, and Dr. Bo Liang, Chairman & CEO, Mr. Zhongguo Xu, General Manager, at Adesso Advanced Materials attended the signing ceremony. On the same day, the parties jointly launched the World First Recyclable CFRP Fishing Rod in the New Product Promotion Conference during the 7th National Guangwei Fishing-King Cup Tournament Final. Dr. Bo Liang introduced the green product and its environmental friendly feature of being recyclable and re-useable. Mr. Liang Chen gives high appraisal for the world cutting-edge technology and expresses his high expectation for the collaboration and the Group Company’s high regard for environmental and social responsibility.
 
“The collaboration with Guangwei Group exemplifies Adesso’s successful strategy of working with leading carbon fiber composite application partners in China and in the world. I am very pleased working with the world largest fishing rod manufacturer. With the collaboration, we will jointly develop the recyclable resin technology to the market and take on big projects on recyclable composites.” Says Dr. Bo Liang. Mr. Deng further comments with a great humor, “ the marriage between Adesso and Guangwei is a great match. This signifies the composite industry pays a lot of attention on its recyclability. We will jointly draft the recyclable products’ industry, national and even international standards. With the successful joint development, we will penetrate the international market with the green product and contribute to the sustainability development of the composite industry and the environment protection of our earth.”

Because the recyclable carbon fiber fishing rod is made with the recyclable resin system which was formulated with Adesso’s patent-pending degradable Cleavamine® curing agent. This recyclable fishing rod, un-similar to traditional ones, has a very unique feature: when the recyclable fishing rod reaches its usable life, it can be collected back and subject to a resin degradation in a special chemical solution under mild condition. The fiber can be recycled and reused and the reclaimed resin can be reused as thermoplastics or moulding compounds.
 
As of now, Adesso has developed recyclable epoxy resin systems suitable for RTM, vacuum infusion, compress molding and pre-preg processes used for composite manufacturing. Adesso’s Recycloset® recyclable epoxy resin systems will have a great potential in aerospace, automotive, railway transportations, marine, wind energy and sporting good applications.
 
About Guangwei Group
Guangwei Group is the world biggest fishing apparatus manufacturing and sales enterprise. It manufactures over 10 million fishing rods annually. It has 22 subsidiaries, including 2 foreign-joint-ventures and 2 domestic-joint-ventures. The company has set up 17 fishing apparatus chain stores and 18 distributors all over China. Products are sold to 64 countries and regions around the world. Annual sales are around 2 billion RMBs and its exports reach 60 million US dollars.
 
For more information, please visit: www.guangwei.com
Email: diaoxy@guangwei.com
 
About Adesso Advanced Materials
Headquartered in Wuxi, Jiangsu Province, China, Adesso Advanced Materials Wuxi Co. Ltd. invented the next-generation of recyclable epoxy technology. While the company continues the innovative research on its Cleavamine® curing agents development, the company has significantly broadened the activities including epoxy formulations and application engineering services to the composites industry. Their re-workable epoxy resin system, Recycloset®, can be used for manufacturing the next generation of sustainable fiber reinforced epoxy composites. Additionally, Adesso is developing downstream technologies and partnerships around the recycling of composite waste. In 2013, the company has set up Adesso Advanced Materials (UK) Co. Ltd. in Cambridge, UK and a New York (US) business development office to serve the key US and European market.

Complimentary to its degradable resin technology development, Adesso has built up a high performance resin formulation business unit in 2013 to provide high performance formulated resin to China’s sporting goods and marine market.

Adesso’s Cleavamine® technology was recognized with an Innovation Award in June 2012 by the industry leading JEC Group, at the JEC Asia Innovation Awards in Singapore.
 
For more information, visit http://www.adessomaterials.com
Email: bliang@adessomaterials.com
Phone: +86 (510) 8538-2409 (China) +1 (609) 297-8486 (USA)

Contact Information

Bo Liang

Chairman & CEO

Adesso Advanced Materials

(1) 6092978486

Contact via E-mail