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Jinduicheng Molybdenum Group Co., Ltd. invested 474 million yuan to march into the glass industry

Post Time:Aug 13,2009Classify:Company NewsView:452

Facing the challenges brought about by the financial crisis, Jinduicheng Molybdenum Group Co., Ltd. speeded up the transformation of development. Based on the key construction projects, the company accelerated the upgrading of industrial technology and product structural adjustment, promoting comprehensive, coordinated and sustainable development.
Low-E coated glass was one of the key energy-saving products "the 11th Five" periods. Jinduicheng Molybdenum Group Co., Ltd. planned to invested 474 million yuan to the Low-E coated glass project in Luoyang. After completed, the capacity of production could reach 5 million square meters and the annual income could reach 772 million yuan, The total amount of annual profit, 102 million. It was expected to complete and put into production in July, 2011.
 

Source: GlassInChinaAuthor: shangyi

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