By: EUROPEAN PLASTICS NEWS
April 9, 2014
Film and flexible packaging group RKW SE is planning to open its first business unit in China at the end of 2014, signalling its entry into the Chinese market.
Construction has started at the premises of RKW’s affiliate Renolit in Guangzhou. Renolit has maintained a presence in Guangzhou since 2006.
RKW China will supply personal care films for the Chinese market.
The company based in Frankenthal, Germany, has one Asian facility already, located in Ho-Chi-Minh-City, Vietnam. This plant produces packaging for household products and foodstuffs such as food bags, waste bags or carrier bags.
“This move ... is entirely consistent with our global growth strategy,” said Roland Roth, CEO of the executive management board of the RKW Group.