Uponor: EUR 50 million technology order to China
Unicor GmbH Rahn Plastmaschinen, the German subsidiary of the Finnish plastic pipe systems company Uponor Oyj, has signed a EUR 50 million contract to supply composite pipe technology to China. The buyer is Shenyang Ginde, a company of the Hong Yuan Group, a manufacturer of building materials. The deliveries of pipe extrusion lines will extend over a period of three years. The first lines are currently being installed.