Brambles says to launch CHEP unit in China
(Reuters)
Updated: 2006-08-24 15:20
Brambles Industries Ltd., the world's top pallet supplier, said it plans to
launch its CHEP pallet-leasing unit in China.
"The Chinese opportunity
is really early. We are putting a management team on the ground, we've got the
top four or five people in place and we are talking to customers," Brambles
Chief Executive David Turner told a media briefing.
The Anglo-Australian group, which leases 200 million pallets for shifting
goods around the globe, earlier reported a 29 percent rise in annual net profit
before one-off items to US$771.3 million.
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