The hottest General Electric plastics company plan

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According to reports, Wayne Hewitt, President of General Electric plastics (Asia), said recently that the company would invest about $100million in Asia next year to expand its business and meet the rapid growth of demand in the region in the next three years

Hewitt said that at least half of the investment next year will be in China, because GE Plastics Asia's sales in China account for more than 50% of its total sales in Asia

the president said that he premec home is at the forefront of new materials and technologies. It is estimated that the plastic demand in Asia will increase by 15% - 20% in the next 3-4 years, which is mainly driven by China's economic development

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