GUILIN, China—Guilin Rubber Machinery has recently signed a curing press order with an Indian customer, worth hundreds of millions of yuans, according to an April 5 release.
Parent company ChemChina said that since the beginning of 2016, new orders signed by Guilin have a combined worth of about $25 million. Among them, 93.7 percent are for export and of that amount 96 percent were for new products.
Guilin Rubber Machinery said it has adopted a strategy to target international markets, and promote new and quality curing presses, adding that customer who cooperated with the company last year had favorable comments on the quality curing presses.
“This laid the foundation for its placing the big order worth of hundreds of millions of yuans this year,” it added.