Zhangzhou Qibin Glass Co., Ltd. (Qibin Glass) started operating its float glass production line in Zhangzhou City, Fujian Province, on 10 February 2009.
The production line is able to melt 900 tons o…
Zhangzhou Qibin Glass Co., Ltd. (Qibin Glass) started operating its float glass production line in Zhangzhou City, Fujian Province, on 10 February 2009. The production line is able to melt 900 tons of glass per day for products widely used in construction, furniture, automobiles and optical instruments, according to the Zhangzhou glassmaker. With a total investment of CNY 3.72 billion, the project is expected to achieve an annual output value of CNY 10 billion after it is fully operated. Qibin Glass, which invested CNY 1 billion in the project in 2008, plans to invest an additional CNY 1.5 billion in 2009 to set up four supporting projects around the existing plant, making the project the biggest high-end glass production base in south China. Qibin Glass will expand its sales network to broaden its presence at home and abroad, part of its efforts to ride out the continuing global financial crisis.