By establishing the new company, RKW China, the RKW-Group is signalling its entry into the Chinese flexible packaging market. The plastics specialist plans to open its first Business Unit in China at the end of 2014.
RKW Group Prepares to Enter the Chinese Flexible Packaging Market
April 17, 2014
The company says it is currently preparing to enter the Chinese flexible packaging 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 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.