Plastics Capital (AIM: PLA), the niche plastics products group, is pleased to announce that it has officially opened its Chinese sales office in Shanghai. The office will serve as a sales office for both BNL (the ball bearings business) and C&T Matrix (the creasing matrix business). BNL have a number of existing Chinese customers, a mix of both local businesses and foreign OEM subsidiaries and C&T Matrix have a well established customer base in China. The Shanghai office will be key to supporting the existing customer base through a ground level presence whilst increasing opportunity to further grow the customer bases of both businesses.
Commenting, Faisal Rahmatallah, Executive Chairman, said:
"We are delighted to announce the opening of our Chinese sales office. This sales office in conjunction with the sales office we have recently opened in Mumbai, India will help us target these fast growing regions and contribute significantly to the growth of the Group.