SHANGHAI, China (July 31)—GE Toshiba Silicones Co. Ltd., a joint venture of General Electric Co. and Toshiba Corp., has started full-scale commercial production at its silicones plant in the Waigaoqiao Free Trade Zone in Shanghai. The $25 million plant, operating as GE Toshiba Silicones Shanghai Co. Ltd., will make a range of silicone products including silicone rubber, sealants, oils, emulsions, resins and specialties, the venture said in a prepared statement. "This investment in China will give us the opportunity to fulfill the needs of our local customers with speed and quality," said Wayne Hewett, president and CEO of GE Toshiba Silicones. Founded in 1971 and headquartered in Tokyo, GE Toshiba Silicones operates in 13 Asian countries with more than 800 employees. The Shanghai plant will serve customers in China and Hong Kong in industries such as consumer, personal care, electrical/electronics, appliances and textiles, the companies said.
GE Toshiba Silicones opens Chinese plant
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