WORLD PLASTICS BUSINESSES TO ADD WEIGHTS TO CHINA

AsiaInfo Services, May, 2007

AsiaInfo Services 05-24-2007 World Plastics Businesses to Add Weights to China SHANGHAI, May 24, 2007 (SinoCast via COMTEX) -- Asia is going to make more of the world's plastic products, with its share in the global market estimated to grow to 43% within three years, according to the prediction of a European industrial alliance. China will play a remarkably important role in the world's economy, including the plastic market that is forecast to produce about 304 million tons of plastic products by 2010 globally, according to a German expert. Recently, UK's Linpac Group, a privately-owned global business with core activities in packaging and materials handling, poured USD 12.5 million more into a new plant in Changzhou, East China's Jiangsu Province, in an effort to...

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