Germany-based RKW Group to establish new China-based company Ai Ke Chi Sheng Plastics, is planning to open first business unit in China at end of 2014
April 10, 2014
– By establishing the new company RKW China - or ‘Ai Ke Chi Sheng Plastics Ltd.’, the RKW-Group is 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 under way 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.
The RKW-Group is one of the leading international manufacturers of high-quality plastic films and nonwovens.
The company develops and produces film and nonwoven solutions for various applications at 20 locations around the world. These include product and service solutions for the Hygiene and Medical fields as well as the packaging industry (Industrial and Consumer Packaging), Technical Films for the converting industry and products for the agricultural and construction industries.
The RKW Group has been setting standards in terms of quality, innovation, and service for almost 60 years, from which our local and global customers benefit.
The independent, family-owned company employs more than 3,000 people and generated sales of 860 million euros in 2013.