CIMC Enric Tank & Process sets up wholly owned logistics equipment unit in Jiangsu
CIMC Enric Logistics Equipment (Jiangsu) Co. , Ltd. has recently been established, with a business scope that includes the sale of industrial automatic control system devices, the sale of glass fibre reinforced plastic products, and the manufacture of metal packaging containers and materials.
Equity penetration information shows that the company is wholly owned by CIMC Enric Tank & Process.
Why this event matters
The event has a measured impact on 3 industrys. The strongest current signal is positive for General Industrial Equipment, with intensity 20/100 and 60% confidence over a medium term horizon.
Manufacturing · 6.4
General Industrial Equipment
- Direction
- positive
- Intensity
- 20
- Confidence
- 60%
- Horizon
- Medium term
Functional Building Materials
- Direction
- positive
- Intensity
- 15
- Confidence
- 55%
- Horizon
- Medium term
Packaging & Printing
- Direction
- positive
- Intensity
- 15
- Confidence
- 55%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.