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North Glass enters into a strategic partnership with Fuyao Group

Post Time:Aug 29,2008Classify:Company NewsView:575

On August 15, Luoyang Northglass Technology Co., Ltd (North Glass) signed an agreement for a strategic partnership with Fuyao Glass Corporation (Fuyao Group), the largest, most advanced supplier of high-grade automotive glass and architectural glass as well as one of the top 50 blue-chip A-share companies in China. The win-win cooperation is undoubtedly a key to promote the localization of glass industry.

On August 22, North Glass and Fuyao Group formally signed the first trading contract of two continuous sputtering lines. Their negotiation was a great success. As for Fuyao Group, more than 20 tempered furnaces of North Glass will help to make a breakthrough in coated automotive glass and coated architectural glass in the condition of rapid development of Low-E glass, while for North Glass, as it has recently developed the first large-area Low-E coating production line and has the proprietary intellectual property rights, North Glass is glade to show its new technology in the large stage of Fuyao Group.

The positive attitude of both parties has led to the win-win cooperation, which intends to co-expand the Low-E coated glass market and to promote the development of the whole industry.

Source: GlassInChinaAuthor: admin

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