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China lowers growth target


March 5, 2015 1:19 pm ET

The world's second largest economy has set its 2015 gross domestic product growth expectations at its lowest in a quarter of a century: 7 percent.

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Plastic Omnium makes China investment push


February 26, 2015 4:35 pm ET

Three of the six new plants that automotive molder Plastic Omnium SA plans this year will be in China, part of a broader push it’s making in Asia, where it will locate 12 of the 20 new facilities in its near-term investment plans.

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Pret completes Wellman acquisition, reveals details


February 18, 2015 10:38 am ET

Just days before China shuts down for the week-long Spring Festival, Shanghai Pret Composites Co. Ltd. announced it has completed the acquisition of U.S. recycler WPR Holdings LLC, revealing many details of the transaction including board changes.

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US plastics industry veteran joins Chinese machinery firm


February 13, 2015 2:24 pm ET

Guangzhou Tech-Long Packaging Machinery Co. Ltd.'s new CEO of Americas comes with more than 25 years of industry experience and has held senior executive positions with Husky Injection Molding Systems Ltd. and Sidel Group.

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Report: Time for Chinese chemical firms to rethink strategies


February 12, 2015 2:47 pm ET

The Chinese chemical industry is growing and doing well, capturing an ever-increasing share of the domestic market.

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Borch shakes up top management again


February 10, 2015 10:35 am ET

Chinese injection press maker Borch Machinery Co. Ltd. has brought back its longtime chairman Zhu Kangjian, in another shakeup of the company's top management.

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China's Zhongding buying German auto supplier Wegu


February 10, 2015 4:21 pm ET

In its latest overseas acquisition, China's Zhongding Sealing Parts Co. Ltd. is buying 100 percent of shares in German injection molder Wegu Holding GmbH for 95 million euros ($107.4 million) in cash to help it enter the supply chain for premium...

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Indian distributor of Chinese presses to form manufacturing JV


February 6, 2015 11:03 am ET

The Indian distributor of a Chinese injection molding press maker is set to form a press manufacturing joint venture at Coimbatore in the South Indian state of Tamil Nadu.

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US loses top investment destination spot to China


January 30, 2015 11:14 am ET

China has overtaken the United States as the leading global destination for foreign direct investment, according to a new report.

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China to lead the way on robots


January 30, 2015 11:12 am ET

More industrial robots will be operating in China’s production plants than in the European Union or North America by 2017.

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