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Mitsubishi Rayon announced plans to invest 3 billion yen to establish a water treatment membrane plant in Wuxi, Jiangsu Province, China, in a joint venture with China National Engineering Corporation Beijing Bishuiyuan Technology. The plant is expected to begin operation in 2012.
“Mitsubishi Rayon plans to invest 20 to 40 billion yen by 2015, and strives to increase the turnover of water treatment-related businesses to 70 billion yen.”audlong-machine.com
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