Post Time:Dec 25,2008Classify:Company NewsView:435
China Aviation Sanxin Company Limited (CAS) yesterday held the 4th Extraordinary General Meeting and approved the proposal of co-building Hainan CAS Special Glass Co., Ltd. with its majority shareholder-Guizhou Aviation Group. It is a key project in CAS’ five-year plan since listed.
According to CAS, Hainan CAS Special Glass Co., Ltd. will strive to develop energy-saving glass materials to make it the largest supplier of special glass materials in China, or even in the world.
Besides, Hainan CAS Special Glass Co., Ltd. will also be a silicon production base. The total investment for the project is estimated at 2.5 billion yuan for 4 production lines and high-end special glass processing.
Brief introduction of the project:
An investment of 1 billion yuan in bringing in the oxygen-enriched combustion technology and the equipment of Low-E coated and energy-saving glass production line in the first phase;
Covering an area of 1,500 Mu;
A 35million-ton silica sand deposit;
A private wharf;
Related basic auxiliary projects, including natural gas, oxygen, water, electricity, plants and so on to meet the need of 4 lines for Low-E glass, electronic thin-film special glass materials, aviation glass materials and solar glass materials.
Source: GlassInChinaAuthor: shangyi