Fives to expand JV cooperation with Xinyi

Xinyi Group, one of the top Chinese glassmakers, has appointed Fives for the supply of one annealing lehr for float glass and four lehrs for photovoltaic glass.

Fives and Xinyi Group have signed two new contracts for supplying annealing lehrs. Xinyi Group will  build a large glass company in Malaysia after the strategic plan of “one belt and one road” pioneered by Chinese government. Fives is joining the activity supplying lehrs with first-class technologies and services.
Fives, with Fives Stein Metallurgical Technology Shanghai, will supply the most progressive technical targets in the world:
1. Prium® Lehr, the float glass lehr with max. output of 1200 MT/D.
2. Prium® Lehr PVG, the photovoltaic glass lehrs with max. output of 250 MT/D with a pull capacity and ribbon width which are the maximum in the world for photovoltaic glass.
These annealing lehrs will have excellent technical and economic advantages fully representing Fives’ R&D ability in high and new technology field. They are scheduled to be put into use separately in 2016.
Fives and Xinyi Group are long-term partners, with cooperation in float glass, photovoltaic glass and extra-thin glass production sectors. This cooperation, supporting by relevant Chinese policies, will enhance China’s far-reaching influence in Asia. Fives aims to creat a win-win market environment, making tireless efforts together with Xinyi Group to offer unlimited value to the whole society.