PIPELIFE INTERNATIONAL, a subsidiary of Belgian SOLVAY and Austrian WIENERBERGER, specialised in plastic tubes and connections, has concluded with CRPF - CHANGZHOU REINFORCED PLASTICS FACTORY (turnover of some $5 million with annual production capacity of 8,000 tonnes), a Chinese partner, an agreement relating to the creation of a joint venture for the manufacture of plastic pipes, located near Shanghai. PIPELIFE will obtain 65% of the capital of the new entity called CHANGZOU PIPELIFE...