June 2006

June 26, 2006 Automotive News - Watch as China's carmakers go global quickly
“Chinese carmakers will become global players in less time than it took Japanese and Koreans manufacturers, a top DaimlerChrysler executive predicts...”

June 26, 2006 Canadian Plastics - NPE 2006 sets record for international participation
“The National Plastics Exhibition (NPE) 2006 attracted more international attendees and exhibitors than ever before,...”

June 20, 2006 Plastics News - Billionaire may invest in Chery´s U.S. venture
“Hungarian-born billionaire George Soros is preparing to invest US$200 million (1.6 billion yuan) in a joint venture with China´s Chery Automobile Co. to produce vehicles and distribute them in the United States, say sources at Chery and elsewhere in the industry...”

June 6, 2006 Plastics News - China ready to start regulating recycling
“Officials say China plans to pass recycling legislation in the first half of 2007. The proposed legislation will be the first national law aimed at addressing recycling issues in the country. Officials attending a recycling conference in Beijing speculated that the legislation will first address recycling of industrial waste, but drafting is still in the early stages...”

June 6, 2006 Plastics News - China’s domestic manufacturers get cozy with foreign suppliers
“China’s domestic automotive original equipment manufacturers have started to rely on multinational Tier 1 and Tier 2 suppliers to improve the quality of their automobiles in anticipation of launching exports in Europe and North America...”
 

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