Investment in auto parts worth 100 million U.S. dollars for the first time in two years


At the close of the investment promotion event at the 2004 Danyang Economic and Trade Fair in China, Danyang City and Japan’s Daicel Chemical Industry Co., Ltd. recently signed an investment agreement with a total investment of 100 million U.S. dollars for the “Car Airbag Gas Generator Project”. The book became the biggest highlight of this fair. The settlement of the project will further supplement Danyang's auto parts industry chain and enlarge the auto parts industry's advantages, so that the city's auto parts industry will have a stronger scale effect and brand effect.

It is understood that Daicel is a well-known large company in Japan. Its gas generator for automobile airbags is one of the company's five pillar products. It is mainly supplied for OEMs such as Toyota and Honda, and has a market share of over 40% in Japan. , ranked first. After two years of negotiations and more than 20 rounds of negotiations, the project finally settled in Houxiang Town, Danyang City. The project has a total investment of 100 million U.S. dollars. The first phase of the project will invest 30 million U.S. dollars. Once completed, it will become the largest gas in China and even in the world. Generator production base. This project has also become another super-billion-dollar foreign investment project that successfully settled in Danyang City after Keno Shuangfeng Floor, Aihe Special Steel and Special Steel.

The representative of Japan and the special agent of Daicel Chemical Industry Co., Ltd., Mr. Miyazaki Tie San, the MSD company president, said that Daicel Co., Ltd. intends to build Danyang into the biggest international production base of Daicel and the entire gas generator industry. Based on this goal, the company plans to develop the Danyang project to produce and sell about 5 million gas generators in 2010. By then, this scale will be ranked first in the world.



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