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JBIC funds plastics plant in China

25 February 2010

The Japan Bank for International Cooperation (JBIC) has agreed a loan with Japan’s Engineering-Plastics Corporation to build a new polycarbonate production facility in China.

Read more: [JBIC direct loan plastics] [Engineering-Plastics Corporation JBIC] [Mitsubishi Engineering-Plastics Corporation ]

The Japan Bank for International Cooperation (JBIC) has agreed to lend $30 million to Japan’s Engineering-Plastics Corporation to build a new polycarbonate production facility in China.

The plant will be located at the Shanghai Chemical Industry Park, China, one of the largest petrochemical complexes in Asia. When built the...


Poll

Credit insurers have withstood the crisis admirably settling a high number of claims during 2009. If you are actively involved in trade transactions what percentage of your deal book now enjoys some political or credit risk cover from private insurers?

75% to 100%
33%
50% to 75%
30%
25% to 50%
9%
25% or less
10%
I don’t use private credit insurers
18%

Quote

You ignore LCs at your peril as a trade bank.

Mark Evans, ANZ - Banks examine the bigger trade picture - April 2010