Petrex recently expanded its business of supplying photo initiators to various customers in Europe. Photo initiators are used in industries like coating and ink. It is supplied as a thin layer on the supporting material and then cured by brief exposure to UV light to harden the ink or coating.
The two-yearly European Coating Show is a must event for the coating industry. In 2017 more than 1.000 exhibitors from 49 countries and over 30.000 visitors from 120 countries participated. The exhibition covers the fields of paints, coatings and sealants. On three days, exhibitors and visitors will be able to discuss the latest developments within the industry.
Team Petrex is looking forward to strengthen its partnership with suppliers and customers as well as creating new business opportunities through this event.
Petrex manages supply chains of chemical and pharmaceutical products for business partners all around the world. Many of our products are sourced from Asia and provided to customers in Europe and America. Therefore, a close focus on international regulations and current political discussions is essential to estimate risks in our trading business.
Since we also supply to the UK, business partners often ask us about consequences of Brexit. Many companies in the UK as well as foreign investors are spending less and scaling back plans because of Brexit fears. Petrex maintains long term relationships with customers in the UK and already created concepts for different Brexit scenarios. Many of our British customers are operating in niche markets. That is why we are confident that their business situation will stay as strong as it is today.
Chinese New Year, also known as Spring Festival, is the most important festival in China. Unlike the universal New Year observed on January 1st, Chinese New Year is dependent to the Lunar calendar and thus never on a fixed date. It falls on February 5th in 2019 and is the year of the pig according to the Chinese zodiac, which features a 12-year cycle with each year represented by a specific animal.
Like Christmas in Western countries, Chinese New Year is a time to be home with family. There are some rituals, such as cleaning the house before New Year, having a family reunion dinner on New Year´s Eve, Giving Red Envelopes (with money) to kids and watching the CCTV New Year´s Gala.
We wish our Chinese colleagues a great time with their families and good luck for the New Year!
After a very successful year 2018 we are convinced to provide the same level of service to our customers in 2019.
Our philosophy of doing business is driven by respecting our employees, our customers, our suppliers and logistics partners. Our work is based on trust. Trusting our clients and suppliers is the basis to build up long term relationships where continuous improvement is the key to selling the highest quality chemicals and pharmaceuticals.
The support we give and receive is what brings the joy and motivation in our daily work with our business partners.
Thank you all and let´s move on together!
Fast development of the new silk road. In 2013 China launched the “One Belt, One Road” project, an ambitious infrastructure initiative involving 65 countries with a combined population of 4.4 billion people who are responsible for 30% of the world’s gross domestic product.
It aims to reinforce and expand a network of roads, railways, ports, airports and other infrastructure to enhance trade among Asia, the Middle East and Europe.
For companies involved in trading between China and Europe the fast development of the rail infrastructure along the silk road enables a new option of moving goods. The 11.000 kilometers overland route connecting China and Europe is now an interesting alternative to air and sea freight. Shipping products on a freight train from the ‘East to the West’ is gaining popularity for cargo for which optimised transit time is critical but delivery needs are not urgent enough to justify the high costs of air transport.
Petrex has started to use the new transportation way. Product is on the way. We will collect experience and share with our customers in the coming weeks.
In May 2017, Chinese President Xi Jinping announced at the Belt and Road Forum for International Cooperation that China will hold China International Import Expo (CIIE) starting from 2018.
The China International Import Expo is not only an open international cooperation platform built by China for presenting national development achievements to all other countries in the world and conducting foreign trade, but also an opportunity for all the countries in the world to discuss and exchange about major issues of foreign trade and world economy.
From 5. – 10. November 2018 government officials, business communities, exhibitors and professional purchasers from across the world will meet in the National Exhibition and Convention Center in Shanghai to discuss about cooperation, expanding trade and improving global economic governance.
You will attend the show – so meet us in Shanghai.
In March 2013, the EU Good Distribution Practices (GDP) Guideline was published, six months later the Good Distribution Practice Guideline came into operation.
The GDP Guideline are in place to ensure control of the distribution chain and consequently maintain the quality and the integrity of medicinal products and active substances. Install an appropriate Quality Management System, safeguard transportation, manage the procedure of outsourced activities, regulate the requirements for premises and equipment.
For any specific questions, please do not hesitate to contact us.
CPhI Europe will be held in Madrid from 9 to 11 October 2018. Expect around 45,000 visiting pharma professionals, 2,500 exhibitors from more than 150 countries to discuss your business, find new opportunities and take advantage of free industry seminars.
Our sales teams from Petrex GmbH, Petrex (Shanghai) Co. Ltd. and VationPharma B.V. will be pleased to meet you in Madrid. Have a great trip and show.