China: Industrial conveyor belts to be produced locally in the future
The ContiTech Conveyor Belt Group, Northeim, acquired the conveyor belt operations of Tianjin Xinbinhai Conveyor Belt Co., Ltd., Tianjin. The relevant agreements were signed in China on 18.10.2010. With a workforce of around 200, the company mainly produces conveyor belts for metal and cement processing and other sectors of industry at its plant in Tianjin, a port city situated 120 km southeast of Beijing. „This move gives us a new market in an up-and-coming region and strengthens ContiTech’s position in China,“ says Hans-Jürgen Duensing, general manager of the ContiTech Conveyor Belt Group. “We already manufacture conveyor belts for industrial applications at a number of locations worldwide. Now we can supply the Chinese market with products made right in the country.”
