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Chongqing Techxanadu’s business scope is to engage in industrial design, consulting, R&D, manufacturing, sales and service of high-precision molds with state-of-the-art manufacturing equipment within 3D printing and automation for targeted industries.
Chongqing Techxanadu’s business scope is to engage in industrial design, consulting, R&D, manufacturing, sales and service of high-precision molds with state-of-the-art manufacturing equipment within 3D printing and automation for targeted industries.

Customized Compound Solutions A/S (CCS), Nordic Grafting Company A/S (NGC) – both affiliates of the Danish Bjørn Thorsen A/S company (BT) – and Chongqing Techxanadu Industrial Co., Ltd. (TechXanadu) – affiliate of Good Mark Industrial Limited – recently announced the creation of a production and commercialization joint venture in China, Nordic Grafting & Compound Solutions Co., Ltd. (NGCS). 

Based on licensing agreements with its European founding partners, NGCS, located in Chongqing, China, will provide BT group affiliates and their Chinese partner with a robust local capability to provide innovative sustainable solutions to the increasingly demanding Chinese market.

Leveraging the expertise, capabilities and market access of its co-owners, NGCS will be scoped to produce advanced specialty compounds and compatibilizers targeted at replacing non-recyclable thermoset solutions with recycled thermoplastic solutions.

These differentiated solutions will be built around the unique features of the Acti-Tech compatibilizer range developed by NGC, as well as on some proprietary tailored developments from CCS.

NGCS will also aim to contribute to the development of post-consumer and post-industrial plastic recyclates in China, enhancing the quality and properties of these materials. This will undoubtedly enable new application opportunities in collaboration with leading Chinese companies.

We are very excited about this reinforced collaboration with our European partners and already placed the order for the first production line for NGCS end of June, to ensure operational start-up around the turn of this year’, said Victor Li, President for TechXanadu.

The launch of NGCS follows the creation, in February of 2019, of a separate, foundational joint venture, BT Solutions Zhuhai Co., Ltd. (BT Solutions), between BT and TechXanadu, together with Wuhan Creworld Technology Co., Ltd., a subsidiary company of ARTOP DESIGN Group Co., Ltd. BT Solutions, located in Zhuhai, China, represents a major step in the global expansion of BT’s market development, operations and commercialization footprint.

Beyond selling some of the products manufactured by NGCS into China, outside of the recycling sector, BT Solutions also serves as a platform for local reselling of BT’s broad portfolio of specialty raw materials, catering to its global customer base.

We are particularly happy about the promising prospects of this new collaboration with two key leaders in their respective fields in the Chinese market. We see these new joint ventures as an essential part of our strategy to create a perfect circle of committed partners and collaborators that offer soft materials and sustainable solutions to the Chinese market, as well as to strengthen our global sourcing footprint”, said Svend Rimestad, CEO for CCS and NGC.

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