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Toscotec establishes its Chinese subsidiary Toscotec Paper Machine (Shanghai)

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Toscotec establishes its Chinese subsidiary Toscotec Paper Machine (Shanghai)

May 30, 2013 - 18:49
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LUCCA, Italy, May 30, 2013 (Press Release) -April 2013 - In order to keep pace with the astonishing growth of the Asia Pacific tissue market, Toscotec S.p.A. has successfully established its Chinese subsidiary, Toscotec Paper Machine (Shanghai) Co. Ltd.

Toscotec is proud to be able to contribute to the Chinese economy by employing local young engineers and highly qualified personnel for the construction of state-of-the-art machinery.

The new company, a Wholly Owned Foreign Enterprise (WOFE), is located approximately 40 minutes' drive from Shanghai downtown and 20 minutes from Pudong international airport, in the Gaohang district of Shanghai, and has a total covered area of 1500 m² dedicated to paper machine manufacturing and commercial offices.

Toscotec Shanghai's mission is to become a benchmark for tissue technology in the Asia Pacific region, to provide the best service level to its Customers and strengthen the company's presence in one of the world's most significant and fastest growing markets.

With a skilled team of permanent engineers from both Italy and China, Toscotec Shanghai is now in a position to manufacture and deliver tissue paper machines to its prestigious Clients. The Shanghai Service Team will be able to provide a full range of services such as mill site surveys, fast delivery of spare parts and mill staff training.

Already active in the Asian market since early 2000, Toscotec S.p.A. has developed a strong commercial network in the Far East in recent years with the result that today fourteen tissue machines have successfully started-up for prestigious Chinese clients and an additional fifteen are to be started-up in 2014.

Alessandro Mennucci, CEO of Toscotec Italy, proudly declared: "This start-up, together with our existing commercial network, brings Toscotec closer to our Asian clients, wherever they are located."