May 01, 2020
ROTTERDAM, The NetherlandsCorporate
IMCD China recognised by the Shanghai Commission of Commerce for its innovation and growth
IMCD is proud to announce that IMCD China has been selected by the Shanghai Municipal Commission of Commerce to be part of the "Shanghai Major Industrial Projects Signing" programme. As China continues to recover from COVID-19 outbreak, the Shanghai Commission of Commerce developed this initiative to promote foreign businesses investments in the city of Shanghai while stimulates local economic and social development.
IMCD China was one of the companies selected to join the "Shanghai Major Industrial Projects” initiative due to the vital role it plays within the life science sector, together with its robust business continuity plan and uninterrupted services during the COVID-19 outbreak. Such recognition translates into the enhancement of current processes, undisrupted supply chain and timely delivery of products, which for IMCD is essential as a speciality chemicals and food ingredients distributor. This opportunity also supports the company’s global efforts in providing greener solutions to the countries it operates in.
Howard Xie, Head of Finance, IMCD China commented: “We are honored, that IMCD China has been selected by the Shanghai Municipal Commission of Commerce with this distinction. Being part of this initiative confirms our commitment to support our business partners, generating unrivaled growth and therefore stimulating the economies of the markets we are operating in, even in challenging times.”
“Multinational companies are concentrating their global resources in Shanghai and setting up their headquarters here. All this testifies to the fact that foreign enterprises still place their faith in Shanghai and in China," said Yang Chao, Deputy-director Shanghai Municipal Commission of Commerce.
Last year, IMCD China celebrated ten years of operations in the market. This milestone, together with the company’s selection to join Shanghai’s government initiative, confirms IMCD’s commitment to keep growing in the markets it is active in and investing in their local economy.