The RKW Group has established a Chinese company, RKW China - or ‘Ai Ke Chi Sheng Plastics Ltd.’, signalling its entry into the Chinese market. The plastics specialist plans to open its first Business Unit in China at the end of 2014.
The RKW-Group is currently preparing to enter the Chinese market. Construction of the first Business Unit in the People’s Republic is underway and is set to be completed by the end of 2014. The head office of RKW China will be located on the premises of its affiliate Renolit in the southern Chinese business metropolis of Guangzhou. Renolit has maintained a presence in Guangzhou since 2006.
“This move into the world’s largest economy is entirely consistent with our global growth strategy,” says Roland Roth, CEO of the Executive Management Board of the RKW-Group. From its base in Frankenthal, Germany, the leading manufacturer of plastic films and nonwovens already operates 20 Business Units in nine countries and will supply Personal Care films for the local Chinese market. RKW has otherwise been present in Asia since 2004 and is reporting steady growth. Its production facility in Ho-Chi-Minh-City, Vietnam, specializes in the production of high-quality consumer packaging for household products and foodstuffs such as food bags, waste bags or carrier bags.