Degussa expands operations in China
BEIJING, Aug. 19 (Xinhua) -- Degussa, a specialty chemicals supplier from Germany, is expanding its operations in China, planning to boost sales in the country to 800 million euros in 2009.
The Beijing-headquartered Degussa China Co., Ltd. has spent over 22 million euros to expand its research and development center in Shanghai. The investment included the construction of a pilot facility for polymer engineering in a four-story building with a space of 1,250 square meters.
In fiscal year 2006, 4,000 employees generated sales of 460 million euros in China, up 60 percent from 288 million euros in 2005.
Degussa has also planned an annual investment of about 100 million euros in China for the coming few years.
Since the early 1990s, Degussa has been producing specialty chemical products in China. The group has more than 20 companies in China, with 13 production sites including Changchun, Dalian, Jining, Qingdao and Shanghai.
猜你喜欢
-
- 04-08有关翻译题的“世纪五问”
- 03-082012考研英语指导:模拟测试题应该如何去做?
- 03-082013年考研英语语法精解:复合句
- 04-08大学英语六级考试阅读理解模拟练习题6(附答案)
- 03-082012考研英语攻克阅读新题型
- 04-082018考研英语:一定要避开背单词的6大误区
- 03-092018年考研英语8月份复习重点建议
- 04-082016考研英语:完形填空常考固定词组
- 03-082012考研英语辅导阅读学习经验浅谈
- 03-082014考研英语暑期指导:单词深化记忆