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Taiwan Glass invested Billions of dollars to Huai’an

Post Time:Sep 16,2009Classify:Company NewsView:321

The soda ash project promoted by Taiwan Glass Industry Co., Ltd has been approved by the State and was officially located in Huai’an Yanhua industry park., according to Huai’an Development and Reform Commission.

 

Taiwan Glass is one of the ten largest float glass manufacturers. In order to make sure the supply of the soda ash—the main raw material of glass, the company decided to invest billions of dollars to Huai’an, setting up 2 million tons Soda Project. The first phrase would carry out the 1million tons/year soda ash project, the total investment was 485 million U.S. dollars. After it is completed, it can provide more than 1000 jobs. Every year, the annual sales will reach 2.8 billion yuan.

 

This project also is listed in the ten major projects in “Jiangsu Province, petrochemical industrial restructuring and revitalization of the Plan” and also is one of hundred major industry projects which will be promoted with all strength in the future.

 

Source: GlassInChinaAuthor: shangyi

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