In the ceremony took part about 120 people. There participated many guests from potential customers, subcontracting companies, local government and many others. There were also representatives from the Managing Board of PMP Group – Mr. Aaron Braaten – chairman and CEO, the General Manager of PMPoland Mr. Zbigniew Manugiewicz and other members of the Managing Board – Mr. Mirosław Pietraszek and Mr. Przemysław (Pemo) Klimczak. Among guests there were also representatives from International Paper, APP, and  General Consul from Polish Consulate in Shanghai – Mr. Andrzej Lysiak.

PMP decided to establish a new manufacturing facility – PMP IB (Changzhou) Machinery & Technology to join first class technology & standards with low cost, high quality manufacturing in Asia. The anticipated structure of the business includes complete tissue machines, headboxes and other sections of paper machines and non-paper business and subcontracting for PMPoland S.A. and PMP Americas.

Being present in China with our own manufacturing will also encourage our Chinese customers to accept the products of the PMP Group. The cultural aspect of having a manufacturing plant in China will play an important role in market development.

There are four target market areas for PMP IB:

• Direct deliveries for the Chinese Market for the Tissue and Paper Industry;
• Direct deliveries for the South East Asian region for the Tissue and Paper Industry;
• Sub deliveries for PMPoland S.A. for paper and tissue projects executed in Europe, USA and some Asian countries;
• Sub deliveries for PMP Americas for the Non-paper segment of the business in USA.
• PMP IB will use the following distribution channels:
  • Local / PMPoland S.A. sales force for the product targeted for local Chinese and South East Asia Market (including sub deliveries for Chinese OEMs);
  • PMPoland S.A. sales force for the product targeted outside of local market;
  • PMP Americas sales force for the product targeted to USA market.

See the description