VALMIERAS STIKLA ŠĶIEDRA decided to rebuild glass melting furnace No.4.1 in beginning of 2022, thereby doubling its production volume. The high silica glass fibre products is planned to invest approximately EUR 10 million. It will reach additional 7 - 10 tonnes of high silica glass fibre per day.
Huangshi Grace Fabric has completed the filing of a new foreign investment project with an annual output of 50.40 million meters of high-end electronic-grade fiberglass fabrics development and production for 5G. The total investment of the project is RMB 800 million, and the introduction of foreign exchange is RMB 65 million. Planned start time: June 2021.
On June 25, 2021, the commissioning ceremony of LM Wind Power Blade Products (Fujian) Co., Ltd. was held in Fujian. The first phase of LM Wind's Fujian factory covers an area of 187,000 square meters, with a factory construction area of about 32,000 square meters and a total investment of more than RMB 200 million, which will create more than 800 jobs. Soon, the world's leading 107m long blades will be mass produced in the industrial park and sold all over the world.
On June 17, Jiangsu Simai Engineering Consulting Management Co., Ltd. was entrusted by Jiangsu Suxiang Economic Development Zone Management Committee to conduct competitive consultation procurement for the approved demonstration project of new construction land scale for Suqian Sinoma High Performance Fiberglass Project, which was operated according to the prescribed procedures.
The construction project of 350,000 tons of fiberglass and downstream fabrics products of Jiujiang Huayuan New Materials Co., Ltd completed filings. The project will be implemented in three phases: Phase I will start with the construction of one production line with an annual production capacity of 50,000 tons of fiberglass and 300 million square meters of mesh fabric; Phase II will build one production line with an annual production capacity of 100,000 tons of fiberglass; Phase III will build two production lines with an annual production capacity of 100,000 tons of fiberglass and 300 million square meters of mesh fabric and 100 million square meters of fiberglass industrial fabric.