21 Mai 2004

Helm invests EUR 65 Million in expansion plan

Helm Group will invest EUR 65 million to expand its operations in China, Poland, the U.S., Mexico, Brazil and Argentina from 2004 to 2009. Part of the plan includes a new distribution center for industrial chemicals in Guangzhou, China, which will be in addition to existing sales offices in Beijing, Shanghai, Hong Kong and Guangzhou. Beginning in late 2006, Helm will also market ethanol produced by two planned facilities in Oman as part of a joint venture with Oman Methanol Corporation.

Source: www.oleoline.com vom 2004-05-19.

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