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Spain's CIE building China automotive complex.

Publication: Plastics News
Publication Date: 09-JUN-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Byline: Namrita Chow

Spanish metal and plastic auto parts supplier CIE Automotive SA is stepping up investment in China with a new $12.1 million manufacturing campus near Shanghai. The company said it wants to focus its plastics work in China on high-end projects like in-mold decoration.

The new investment comes as company officials disclosed in a Feb. 22 interview that CIE called off its planned joint venture with Shanghai-based plastic interior trim maker Sandun Auto Parts Co. last year.

Instead, the Bilbao, Spain-based CIE said it expects to complete a 592,000-square-foot,...

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