26. May 2005

Saeplast subsidiary opens new office in Zhuhai, China
Plans further openings in China

 
The new opening is part of the company's ongoing sales network expansion in China. Saeplast said it chose the location due to the huge industrial and overall growth in the region.

Saeplast Asia is represented in Qingdao, Dalian, Yantai and Shanghai and plans further openings.

Saeplast has production and sales facilities in Canada, the Netherlands, Iceland, Norway, Spain and India, as well as regional sales offices in the UK, Hong Kong and Vietnam, and a global network of agents and distributors. The company has achieved a strong market position with its trademarks Polyform and Scanmarin.

Icelandic plastic products maker Saeplast was delisted from the Iceland Stock Exchange in November 2004 as it was acquired by Atorka. Atorka established Promens in May 2005 in a move to transfer part of Saeplast subsidiaries. Promens took over all Saeplast subsidiaries apart from Saeplast Alesund, Saeplast Norge and Saeplast Canada.

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