[photopress:danube_woodshow.jpg,full,alignright]Danube Building Materials, a leader in the construction, building materials, and shop fitting industry, has announced that it has invested $15 million towards the formation of the Lianyungang Donghai Danube Wood Products in China, as a part of the company’s international expansion plans.
The move involved the construction of three new manufacturing facilities in the Punan Industrial Economic Development Zone in Lianyungang Port, which the company expects to generate $50 million in additional revenues. The first batch of China-made products are expected to arrive to the Middle East by early 2008.
Danube established an office in Shanghai in 2002, which was shortly followed by the launch of a liaison office in Guangzhou.
The rapid growth of Danube’s operations has earned the Dubai-based manufacturer an export license from the customs department of China, which has paved the way for the formation of the Lianyungang Donghai Danube Wood Products company.
Spanning 50,000 square feet, the industrial unit comprises three facilities including a Melamine MDF pressing plant, a Melamine impregnation line, and a backing panel pressing plant and the decor ply production line, all of which have been constructed within a six month period.
Source: Ali Bawa