People & Business :: Companies
Toray, China BlueStar Begin Construction of Water Treatment JV Facility in China
6:43 AM MDT | August 26, 2009 | Deepti Ramesh
Toray Industries (Tokyo) and China National BlueStar (Beijing) say they have established a previously announced water treatment joint venture company dubbed Toray BlueStar Membrane Co. (TBMC; Beijing) in July 2009 and that TBMC has begun construction of its production facilities at the industrial development area of Shunyi Airport, Beijing yesterday. TBMC plans to invest Rmb500 million ($73.5 million) for the construction of facilities to produce reverse osmosis (RO) membranes and assembly of membrane elements, and the facilities are expected to become...
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