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Taiwan Glass to set up sodium carbonate plant in mainland China

Post Time:Sep 21,2009Classify:Industry NewsView:100

Taiwan Glass Industry Co., the listed subsidiary of Taiwan Glass Group, plans to set up a sodium carbonate plant in Huaian, Jiangsu Province, to tap into the glass upstream materials business.

The new plant, with a total investment of $485 million, is jointly funded by Taiwan Glass, venture capital firms and other shareholders. Taiwan Glass holds a 30 percentstake in the JV, according to a Sept. 21 China Knowledge report.

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Source: http://www.glassmagazine.com/news-item/commercial/taiwan-glass-set-sodium-carbonate-plant-mainland-chinaAuthor:

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