Mayor Yang Xiong presided at the Signing Ceremony between WWL and ETIMADEN
Update time: 2015-05-12

On May 10th 2015 Worldwide Logistics Group and ETIMADEN Chemical Co. Ltd. held a Signing Ceremony for the establishment of an Asian Logistics Center to be set up in the Free Trade Zone of Shanghai Yangshan Port at the Sheraton Hotel in Ankara, Turkey. Chaired by Shang Yuying, the Director of Shanghai Municipal Commission of Commerce, and attended by Jacky Lim, Managing Director of Worldwide Logistics Group, and ARIF SAGMEN, General Manager of ETIMADEN China , a Memorandum of Understanding was signed which was witnessed by Yang Xiong, the Mayor of Shanghai Municipal Government, Dr. Levent Yilmaz, Chief Economic adviser to the President of Turkey, Yu Hongyang, the Chinese Ambassador to Turkey and DR. Orhan Yilmaz, president and chairman of the BOD of ETIMADEN Mining Group.

Other guests included Sun Jiwei, Deputy Secretary General of Shanghai People's Government and Director of Pudong New Area, Zhu Guangyao, Economic and Commercial Counselor of the Chinese Embassy in Turkey, Muhsin Ganioglu, Yucel Yalcinoglu, Vice Presidents and BOD members of ETIMADEN Mining Group, as well as Numan K.Bodur, Director of the Logistics Department. Also present were Sibel Metin, the Chairwoman of Netlog Logistics Group , a Worldwide Logistics Group’s partner, and Ding Yi, General Manager of NETLOG China.

Before the Signing Ceremony Yang Xiong said: “there is a long-term friendly exchange between China and Turkey. At present the Chinese Government is committed to promotinthe “One Belt & One Road” strategy, which is a very critical opportunity for further cooperation with all countries along the Silk Road, including Turkey. Shanghai is at the forefront of China's opening-up and reform process; it also plays a key role as a pioneer, explorer and practitioner in the Chinese economic development. The Asian Logistics Center jointly established by Worldwide Logistics Group and ETIMADEN will further promote and strengthen the trade and economic cooperation with Turkey not only with Shanghai but the whole of China.

ETIMADEN was founded by Mustafa Kemal, the founder of Turkey. With nearly 80 years of exploration and production experience ETIMADEN is the world's largest boron ore company. Since its landing in the Chinese market in 2003 ETIMADEN has improved its export volume year by year. 1 million tons of mineral raw materials and primary products were exported to China in 2014. In 2015 ETIMADEN made the strategic choice of setting up an Asian Logistics Center in the Free Trade Zone of Shanghai Yangshan Port, relying on its foresight of a further market expansion, in cooperation with Worldwide Logistics Group. Worldwide Logistics Group is one of China's top 100 logistics enterprises, and also one of the large-scale integrated logistics service providers in China. Worldwide Logistics Group is capable of providing a full range of diversified services, integrating land, sea and airfreight, including chemical logistics, project logistics, domestic waterway container transport, storage terminal services, shipping, forwarding, supply chain solutions and NVOCC business, by utilizing its own fleet of bulk cargo ships, tank container equipment, truck fleet, cargo terminals and warehouses, with integrated service capabilities in design, organization, coordination and management for professional logistics solutions.

This cooperation will contribute to ETIMADEN’s output significantly. It is expected that the production output will increase by 30% in the Asian market from 2015. By 2026 the total output of boron products will increase by 300% over the existing level : 2.25 million. The objective is to contribute to the ongoing reform and opening up process, as well as to the development of the “One Belt & One Road” strategy by the Chinese Government.

We believe that the cooperation will promote economic and trade cooperation between China and Turkey effectively under the great help and support by the Shanghai Municipal Government and create new opportunities for further exchanges between the two countries. The alliance between Worldwide Logistics Group and ETIMADEN is bound to boost the development strategy of ETIMADEN in China and Asia and explore more business opportunities for common development by both parties!

DR.ORHAN YILMAZ, president of ETIMADEN, welcomed Mayor Yang Xiong

Jacky Lim, MD Worldwide Logistics Group, and ARIF SAGMEN, GM ETIMADEN China, signed a Memorandum of Understanding.

Both parties exchanged signed copies of the Memorandum of Understanding

Signing ceremony

Mayor Yang Xiong and DR.ORHAN YILMAZ, president of ETIMADEN exchanged gifts