SHANGYU, China (Dec. 1)—Trelleborg Group's Trelleborg Engineered Systems unit has entered into a joint venture with RPM Engineering Corp. to make composite hose in China. The two companies will equally own the venture, named Trelleborg Composite Hose Shangyu Co. Ltd.
Production of high-quality composite hose will commence at RPM Engineering´s plant in Shangyu, located in central China. Trelleborg said it will contribute machinery and technical expertise.
The product is aimed mainly at chemical and petrochemical processing industries in the Chinese/Asian market. Initial annual sales are projected at roughly $2.5 million.
Trelleborg said the venture will be used to launch expansion of selected hose lines into the Chinese/Asian market.