Home · Weather · Forum · Learning Chinese · Jobs · Shopping
Search This Site
China | International | Business | Government | Environment | Olympics/Sports | Travel/Living in China | Culture/Entertainment | Books & Magazines | Health
Home / Business / Chemical Tools: Save | Print | E-mail | Most Read | Comment
German Chemical Supplier Expands Operations in China
Adjust font size:

Degussa, a specialty chemicals supplier from Germany, is expanding its operations in China, planning to boost sales in the country to 800 million euros in 2009.


The Beijing-headquartered Degussa China Co., Ltd. has spent over 22 million euros to expand its research and development center in Shanghai. The investment included the construction of a pilot facility for polymer engineering in a four-story building with a space of 1,250 square meters.


In fiscal year 2006, 4,000 employees generated sales of 460 million euros in China, up 60 percent from 288 million euros in 2005.


Degussa has also planned an annual investment of about 100 million euros in China for the coming few years.


Since the early 1990s, Degussa has been producing specialty chemical products in China. The group has more than 20 companies in China, with 13 production sites including Changchun, Dalian, Jining, Qingdao and Shanghai.


(Xinhua News Agency August 20, 2007)

Tools: Save | Print | E-mail | Most Read

Username   Password   Anonymous
China Archives
Related >>
- Degussa Technology for the Car Battery of the Future
Most Viewed >>
-Commercial banks allowed to access futures market
-WB cuts China's 2008 GDP growth to 9.6%
-Economic policy needs 'rethink'
-Coal reserves at China power plants up
-Macao's gaming market expands further

May 15-17, Shanghai Women's Forum Asia
Dec. 12-13 Beijing China-US Strategic Economic Dialogue
Nov. 27-28 Beijing China-EU Summit

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
SiteMap | About Us | RSS | Newsletter | Feedback

Copyright © All Rights Reserved E-mail: Tel: 86-10-88828000 京ICP证 040089号