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RS Clare looks to gain traction in Chinese markets
2010. 24 February
by Alex Turner Chemicals firm RS Clare, which produces specialist lubricants, already generates about 40% of its £18m turnover from exports.
(liverpooldailypost.co.uk) Mersyside's third-oldest company is to use Liverpool’s presence at this year’s World Expo to grow its export business.
Chemicals firm RS Clare, which produces specialist lubricants, already generates about 40% of its £18m turnover from exports.
It provides specialist rail lubricants to the London Underground and most of the UK’s Network Rail tracks, and is targeting the massive expansion of the Chinese rail network for future growth.
RS Clare chairman Ian Meadows said: “Last year, exports were 40% of our turnover. With literally dozens of new metro lines being installed in China, we simply have to be there to benefit.
“For businesses like ours, the Liverpool Pavilion offers a major opportunity to build on our existing international networks. It is the perfect way for us to forge relationships with key people involved in the Chinese rail business and with those involved in international shipping and the offshore industries.”
Mike Taylor, director of investment and enterprise at Liverpool Vision, said: “RS Clare may be an extremely old business, but they are also highly innovative.
“Their decision to take part in the Expo sends a clear message about the kinds of benefits which SME businesses can take from participation. We are delighted they have come on board and look forward to assisting them in winning new business in the global marketplace.”
Liverpool is exhibiting in the Urban Best Practice Pavilion at the 2010 World Expo, which runs for six months from May 1 and is expected to attract around 70m visitors.
It is being held in Liverpool’s sister city, Shanghai, and is predicted to deliver up to £50m in benefits to Liverpool and the North-West over the next decade.