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Mingda Glass: High-grade Glass Production Line has been put into Production and Formed an Industry Chain

Post Time:Jul 20,2009Classify:Company NewsView:525

In last morning, Mingda (Wuhan) Glass Co., Ltd. put its first glass production line into production in Wuhan development zone. The person in charge said, “it was initially estimated that the annual output value would reach over 1 billion yuan after all subjects were completed.

“Float glass produced by Mingda is a high-grade glass and widely used in construction, furniture, decoration and mirror board. Mingda aims at central China and the Yangtze River Delta areas.” The above person said. The first phase of the project had been fired on June 6, this year. The annual output value would reach over 0.4 billion yuan. The second phase of the project was planned to carry out if the first phase worked smoothly. The annual output value would reach over 1 billion yuan after all subjects were completed.

Mingda (Wuhan) Glass Co., Ltd. belonged to Mingda (Xiamen) Co., Ltd which was invested and built by American INTEX Group. The total of investment was 1.4 billion yuan.

The project would be divided into 2 parts to set up 2 float glass production lines with the public subjects of deep processing production lines, dedicated terminals and special railway lines. American INTEX Group headquartered in Los Angeles. Its investment areas included plastic, glass, warehousing, logistics, energy, ports and transportation, high-tech and so on.

With the production of Mingda (Wuhan) Glass Co., Ltd., Wuhan Economic Development Zone has formed an industrial chain from production of original glass piece to deep processing.

Source: GlassInChinaAuthor: shangyi

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