SI Group and Shengxiao Group have formed a joint venture to expand Biphenol production in China, strengthening regional supply of the high-performance chemical as demand accelerates across electronics, automotive and medical markets.
The new company, Shengnova Advanced Materials, is based in Sichuan, China, and combines Shengxiao Group's existing Biphenol manufacturing assets and market presence with SI Group's proprietary technology and global expertise in Biphenol production. The partners say the venture will increase local production capacity and improve supply for customers across Asia.
Biphenol is a critical monomer used in liquid crystal polymers (LCP), polyphenylenesulfone (PPSU) and other advanced materials that enable next-generation technologies. The joint venture is designed to support rising demand for high-performance materials in industries requiring greater durability, precision and reliability.
“We are pleased to partner with SI Group to form Shengnova Advanced Materials to supply Biphenol to customers in Asia,” said Guo Xiaozhong, Chairman of Shengxiao Group.
“As a leading supplier of monomers for liquid crystal polymers (LCP), Biphenol is a key component of our portfolio. Our customers appreciate in-region supply and bringing SI Group’s Biphenol expertise to China will benefit the growing end markets in the region.”
For SI Group, the partnership marks another step in its global growth strategy while reinforcing supply chain resilience through a multi-region manufacturing footprint. The company will continue producing Biphenol at its Newport, Tennessee facility while expanding its ability to serve customers throughout Asia.
“This joint venture advances SI Group’s growth strategy and strengthens our ability to serve customers in key markets around the world,” said David Bradley, President and CEO of SI Group.
“Through the formation of Shengnova Advanced Materials, we are expanding our ability to competitively supply Biphenol to customers in Asia while continuing production at our Newport, Tennessee facility. This positions SI Group to better serve global customers, support growing regional demand, and reinforce security of supply through a multi-region production footprint.”
