Industrial conveyor belts to be produced locally in the future
The ContiTech Conveyor Belt Group, Northeim/Germany, acquired the conveyor belt operations of Tianjin Xinbinhai Conveyor Belt Co., Ltd. The relevant agreements were signed in China on 18.10.2010. With a workforce of around 200, the company mainly produces conveyor belts for metal and cement processing and other sectors of industry at its plant in Tianjin, a port city situated 120 km southeast of Beijing. „This move gives us a new market in an up-and-coming region and strengthens ContiTech’s position in China,“ says Hans-Jürgen Duensing, general manager of the ContiTech Conveyor Belt Group. “We already manufacture conveyor belts for industrial applications at a number of locations worldwide. Now we can supply the Chinese market with products made right in the country.”
ContiTech AG, Hannover (D), Tel.: +49 511 938-02,
