Head of the company’s Polyurethanes Business Unit Peter Vanacker commented, "China accounts for more than 60% of global footwear production. In 2005, more than seven billion pairs of shoes were made in China, which is more than one pair of shoes for every person on the planet." He added, "The footwear industry has to be very closely aligned with changing fashion and lifestyle requirements. This requires very short development and response times, and, therefore, we see the need to be located close to both our customers and the market."

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