Fuyao Glass To Build Plant In Russia

Fuyao Group will spend US$200 million to build an automobile glass production factory with annual capacity of three million units in Kaluzhskaya, Krasnodar Krai in western Russia.

The factory’s first phase is scheduled to be operational on December 1 2012 and will reach designed capacity by February the year after.

The factory will initially process glass produced in China and will produce safety glass in ensuing stage.

The factory will benefit from local tax benefits. Shares of Fuyao Glass Industry Group (600660) shed 0.41 percent to close at 9.75 yuan today

600450 Fuyao Glass To Build Plant In Russia glassonweb.com

See more news about:

Others also read

LandGlass Won the Silver Award at “The Third China Dual-use Technological Innovation Application Contest”.
The 2019 exhibition will be held in Guangzhou-Pazhou-Canton Fair from August 22nd to 24th.
Recently, LandGlass was named as one of the “Outstanding Private Enterprises in Luoyang - High Growth Innovative Entities” by the CPC Luoyang Municipal Committee and the People’s Government of Luoyang Municipality.
On November 22, the municipal office of civilization and office of credibility held the “2018 Credible Private Enterprises” commendation conference at the 2nd floor conference room of the Luoyang city hall.
Permasteelisa S.p.A welcomes the LIXIL Group Corporation’s announcement about the agreement with Grandland Holdings Group Limited, a leading Chinese architectural design and construction company, to terminate planned Permasteelisa transaction.
Asia’s No. 1 fenestration exhibition - FENESTRATION BAU China 2018 (”FBC”) concluded on November 3, 2018 in Beijing.

From industry

No. 160 Yichuan Rd.,
Jiaonan Shi
Qingdao Shi
Shandong Sheng, 266000
China

Add new comment