Plastic Omnium investing heavily in China  [ China ]

Plastic Omnium announced that its 2014 sales in China reached EUR 430 million, up 23 percent from the 2013 result. In 2014, the company established four new plants in China. It plans to set up three more factories during 2015: a bumper plant in Wuhan that will serve General Motors; a plant in Changsha to serve Volkswagen and Fiat; and a fuel system plant in Beijing to serve local Chinese OEMs. ...