ZWEIBRÜCKEN, GERMANY (March 23, 12:30 p.m. ET) — Pallmann Group GmbH has finished setting up a new regional headquarters in Beijing. The office will the function as the managing office for mainland China, including customer service, business development, market expansion, legal, financial and human resources.
The Zweibrücken-based company said it set the new office up as the China Ministry of Industry and Information Technology is releasing a new industrial directory for renewable recycling resources and technology. The directory is part of the country's long-term goal of sustainable growth.
“We think China's recycling industry is a vast emerging market,” spokesman Rolf Gren said in a statement. “With the governments attention and policy support, innovation and new technology will become a health trend for further growth.”