MagMin2014: Chinese imitation putting pressure on mineral tech providers
Published: Tuesday, 03 June 2014
China is a key market for exporters of mineral processing technologies like Germany-based K-UTEC, however, the speed and ease with which Chinese companies are able to copy foreign products and systems once they have been installed, is eating away at foreign companies’ market share.
European engineering companies in the mineral
processing industry are finding it increasingly tough to sell
their services to China and Southeast Asia, as low cost
replication of patented products and services are squeezing
out international providers.
Speaking to IM ahead of the Industrial
Minerals MagMin 2014 conference in Budapest,...