Semperit builds three plants in Asia, announces record H1 figures

Vienna, Austria — With the announcement of record sales and earning for the first half of 2005, Semperit AG Holding announced plans for three new factories in Asia

The company is building a factory for hydraulic hose in Shanghai, China. Semperit said, “the newly established subsidiary Semperflex Shanghai Ltd., will initially produce about 7 million meters p.a. for the Chinese and US markets. With a USD 30 million budget and USD 15 million in registered capital, this facility is one of the largest investment projects our…

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