Raute Received Orders From China For Six Million Euros

Date: 29 October 2003
Source: Raute Precision Oy

Date: 29 October 2003

Raute Precision Oy, a member of Raute Group, delivers three new glass batch plants to China. The total value of the orders received is approximately 6 million euros.

All of these three batch plants will be delivered to Chinese float glass producers: Fu Yao Glass, Guangzhou CSG Glass Co and a producer who is not publishing their project for the time being.Machinery deliveries and start-up of the plants will take place in 2004.

Since 1995, Raute Precision has delivered 26 plants and plant modernizations to China, mainly to the glass industry. The now concluded sales are the result of Raute Precision’s technical solutions and persisting marketing efforts in China.

After the SARS epidemy in the beginning of 2003, the plant investments are now brisking up in China. In addition to the above orders, Raute Precision has several projects under negotiation.

Raute Precision, a member of Raute Group, supplies weighing and dosing systems and plants to process industries worldwide. The company’s strengths are its in-depth competence in weighing and dosing, and related automation, combined with the capability to manage global project deliveries. In glass batch plants Raute Precision is one of the two leading suppliers in the world.

Raute Group’s net sales in 2002 amounted to 89 million euros and the Group has a staff of 801
600450 Raute Received Orders From China For Six Million Euros glassonweb.com

See more news about:

Others also read

MORE...

Southwall Technologies Secures New Bank Loan and Equity Financing Agreement Led by Needham & Company
Southwall Technologies Inc. (Nasdaq:SWTX), a global developer, manufacturer and marketer of thin-film coatings for the electronic display, automotive glass and architectural markets, today announced that on Dec. 18, 2003, it secured an agreement for a new bank loan guarantee and equity financing package of up to $7.5 million from Needham & Company, Inc., its affiliates and Dolphin Asset Management.
Emirates Glass wins major deals
Local quality glass producer Emirates Glass Limited has won contracts to supply 68,000 square metres of its high quality EmiCool glass to five major projects in Dubai.
Micro-Tek Canada, Inc. and Co-Ventures in Glass Containers, Ltd.
Co-Ventures in Glass Containers (CVIGC, Ltd.) of Tampa, Florida, USA and Micro-Tek Canada, Inc. Of Toronto, Canada are excited to announce the beginning of a long term joint venture to combine their extensive experiences and resources to offer the Glass Container Industry globally a best value alternative for all their outsourcing needs in manufacturing, operations and technical assistance agreements, specifically targeted to the smaller manufacturers who have found the larger service companies to be cost and profit prohibitive.The principals of the two companies have found a global need for smaller glass companies who require excellent technical resources to properly compete within the industry without the high costs of employing their own staffs or outsourcing their requirements to the larger service companies whose own operating costs and overhead are substantial.
Autoglass maker dumps dumping charges
China's largest automobile glass maker Fuyao Glass Industry Group Co, Ltd, won its case against the dumping ruling of the US Department of Commerce (DOC).
History of Glass Wine Bottles
When did the wine industry start using glass bottles, and how did they settle on their current size of 750ml? For the answer to these questions, you have to go back in time - back thousands of years to when wine was first cultivated and enjoyed.
Praxair's Specialty Gases Plant Attains New ISO 9000 Standard
Praxair, Inc. (NYSE: PX) today announced that its subsidiary Praxair Canada Inc.'s specialty gases plant in Paris, Ontario, Canada, is one of Praxair's first specialty gases plants in North America to complete the upgrade to ISO 9001:2000, the latest ISO 9000 standard for quality.

Add new comment