Ethiopian Glass Factory to Re-Open

The Ethiopian Hansom International Glass factory, which had temporarily halted production due to hikes in international furnace oil prices, is to re-launch production according to Xia Yong, General Manager of the company.

The company found it hard to sustain production following the increase in the price of furnace oil from just 5 birr a liter before 2009 to 13 birr a liter said Yong.The factory suspended production activity in April 2010 and has reopened at this time after taking several steps to minimize costs.


600450 Ethiopian Glass Factory to Re-Open
Date: 21 September 2012

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