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09-24-2007: RadiciGroup Plastics and Lati Industria Termoplastici SpA have signed a letter of intent to form a fifty-fifty joint venture to develop the Chinese engineering plastics market.
According to the company the constant growth of this Asian market offers attractive opportunities for businesses with a strong international presence and a wide range of products.
The surging Chinese auto industry, the huge potential arising from the modernization of the electric power grid and electrical equipment, the growing pool of domestic appliance buyers, the large investments in infrastructure, the increasing hunger for high quality goods: these are the factors that will have an increasing influence on Chinese growth, which up to now has been tied to the competitive advantage of low-cost labour.
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RadiciGroup Plastics and Lati Industria Termoplastici SpA have signed a letter of intent to form a fifty-fifty joint venture to develop the Chinese engineering plastics market. According to the company the constant growth of this Asian market offers attractive opportunities for businesses ... more
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LATI Industria Termoplastici S.p.A.
Lati S.p.A. is among the most important European manufacturers of technical thermoplastics for engineering purpose. Our product range is made up of 2500 fit-for-use formulations, according to the demand. The researched and internally developed materials are exported all over the world th ... more
RadiciGroup Plastics and Lati Industria Thermoplastici SpA join forces to develop the Chinese market
RadiciGroup Plastics and Lati Industria Termoplastici SpA have signed a letter of intent to form a fifty-fifty joint venture to develop the Chinese engineering plastics market. According to the company the constant growth of this Asian market offers attractive opportunities for businesses ... more
RadiciPlastics - Business Unit of RadiciGroup, a leading Italian multinational in the chemical and synthetic fibre sectors - is one of the world’s finest producers of polyamide and polyester engineering plastics, with operations located in Europe, Asia, North and South America. more
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