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Industry: Email Alert RSS FeedPlastic Omnium will go to China; French firm will open 2 plants to serve growing market.(facility in China)(Brief article)
Automotive News Europe, May, 2006 by Saint-Seine, Sylviane de
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Byline: Sylviane de Saint-Seine
Plastic Omnium of France plans to open two factories in the world's fastest growing auto market.
"We cannot afford to stay away from China any longer," said Laurent Burelle, Plastic Omnium CEO, in an interview. "We'll get there in the next 24 months."
Inergy, a Plastic Omnium joint venture with the chemicals group Solvay of Belgium, will open a factory in Wuhan, central China. Inergy makes fuel tanks.
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Burelle said Inergy is buying a greenfield site in Wuhan. It will operate its China factory without a local partner. ...
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