Asahi Glass of Japan has announced plans to establish a new firm in Suzhou, China, that will operate an automotive glass factory

Date: 12 April 2004
Source: Auto-asia.com

Date: 12 April 2004

Almost USD100 million will be sunk into the project, officials said. The decision partly stems from the conversion of a float furnace for automotive glass at the firms Aichi factory in Japan to PDP glass substrates in May 2004 and partially from a desire to tap China's booming auto sector.

The new company will be formed next month and begin prouduction in the second quarter of 2006.Almost USD100 million will be sunk into the project, officials said.

The decision partly stems from the conversion of a float furnace for automotive glass at the firms Aichi factory in Japan to PDP glass substrates in May 2004 and partially from a desire to tap China's booming auto sector.

The new company will be formed next month and begin prouduction in the second quarter of 2006.
600450 Asahi Glass of Japan has announced plans to establish a new firm in Suzhou, China, that will operate an automotive glass factory glassonweb.com

See more news about:

Others also read

MORE...

R.O. has designed and produced a powerful Parametric Shape management system
The glass sector has the increasingly widespread requirement of having an unlimited catalogue of parametric shapes and creating new ones in a simple way without being an expert in the field.
Shoaib Akhtar to endorse Asahi Glass
Shoaib Akhtar is going to be back on Indian TV screens. He is going to be featured in the new TV ad campaign for Asahi Glass.
Glass Confusion to start Beginning Fusing Classes
Glass Confusion is starting the New Year with Beginning Fused Glass group classes. The three-week course will be held Wednesdays from 10 a.m. to 1 p.m. and again from 5 p.m. to 9 p.m.
Western Pennsylvania glass industry going the way of steel
Western Pennsylvania’s once-thriving glassmaking industry is dwindling, as did the domestic steel industry and for many of the same reasons: competition and cost.
DisplaySearch: Global glass-substrate capacity to grow 40% each quarter
Worldwide glass-substrate capacity is expected to continue to grow more than 40% each quarter through 2005, as a result of capacity expansion by existing glass-substrate suppliers and new companies joining the market, according to DisplaySearch.
Another glass plant closes doors
Christmas got a little bluer for the local glass industry this week with the closure of yet another plant.

Add new comment