opening of our new production in China
We have a new production plant in our Group.
On the 31.07.2005 we opend our new production company in Chongqing.
Storsack Jianfeng Plastic Industry Co.,Ltd. , locates in Chongqing China,is the only JV of Storsack group in China, the Chinese partener JIANFENG CHEMICALS is one large state-run company with multi-industrial products. This JV will start commercial production in August of 2005, aimed to high end FIBC as per Storsack group's global marketting strategy; its facilities includes two clean room production area and will enjoy all Storsack group's patents on FIBC, it will employ about 330 staffs under full capacity up to 1,500,000 pcs of FIBC as first stage.
JV will soonly become the best manufacturer of FIBC inside Storsack group with high competition and profitability.
