New Plastics City Opens in Guangdong, China
With an investment of RMB98 million, the first phase of Guangdong Xiaxi International Rubber & Plastic City is rolling now, after a grand opening on 5th January 2007. Located in Foshan City in mid-south Guangdong, China, the new trading place is built to respond to the strong demand from the household appliance, home furniture and coating sectors in the region, with a wide range of products to be supplied, including raw plastic and rubber materials, engineering plastics and rubber, modified plastics and rubber, plastics and rubber additives, plastics and rubber machinery, and plastics and rubber molds. Ultimately Guangdong Xiaxi International Rubber & Plastic City will have a total building area of 300,000 square meters, including 40,000 square meters in the first phase. The whole project will involve an investment of RMB380 million.