NetComposites

Connecting you to the composites industry

Advertisement

Pipelife in Chinese plastic pipe joint venture

  • Tuesday, 5th September 2000
  • 0 comments
  • Reading time: less than a minute

Pipelife, the joint venture between Solvay SA and Wienerberger Baustoffindustrie AG, said it has signed an agreement with China’s Changzhou Reinforced Plastics Factory (CRPF) for the creation of a new plastic pipe business in China – Changzhou Pipelife Reinforced Plastics Pipe Co Ltd. Pipelife will own 65 pct of the capital and contribute its Shanghai plant, while CRPF will own the remaining 35 pct of the capital and contribute with its international standard Changzhou facilities. “The new company will benefit from Pipelife’s technical expertise and from CRPF’s share of the fast-growing pipes and fittings market in the Shanghai area,” Wienerberger said. Shanghai’s pipe market has grown by over 20 pct annually over the past three years and is expected to continue to expand at the same pace in upcoming years, Wienerberger said


For more information visit:


Share this article


More News


Comments (0)

Sign in or create an account to join in the discussion.

Leave your comment

Advertisement

Upcoming Events

Advertisement

Advertisement

Advertisement

Follow us
Subscribe to our email newsletter

Subscribe to receive our weekly round-up of all the industry's latest news, jobs, events and more!

We'll always keep your personal details secure and will never share them with third parties for marketing purposes. You can unsubscribe at any time. For further details on how we may use your data, please visit our Privacy Policy.