Taiwan Glass the Largest Float-glass Maker in Mid-western China

Taipei, Aug. 1, 2011 (CENS)--Taiwan Glass Corp., Taiwan`s largest glass manufacturer, has become the largest float-glass maker in mid-western China region.

The company set up a plant in Chengdu of Sichuan province, China as early as 2002.

Over the past few years, China`s government has been promoting development of greater western region, making Chengdu and Chongching the most-lucrative investment targets for Chinese enterprises. 

Chang Cheng-feng, vice president of Taiwan Glass Chengdu, said the incentives offered by Chengdu government pushed his company to set up a plant. Chengdu has rich deposits of natural gas, an element for glass makers to roll out high-grade products. In addition, it is an optimal geographical location to connect the Middle East with Europe. 

At present, Taiwan Glass is one of China`s top-three glass conglomerates. Products rolled out from Taiwan Glass`s Chengdu plant are mainly sold to neighboring markets, including Yunan province, Guangxi province, Qinghai province, Xingjiang Uyghur Autonomous Region, andKazakhstan. The Chengdu plant registered 1.3 billion renminbi, or NT$5.8 billion, in sales last year.

The Chengdu plant currently focuses on the production of energy-saving glass as the China government is greatly promoting energy-saving measures and encouraging reduction in carbon emission. 

Taiwan Glass said it has set up four Low-E energy-saving glass production lines in Taiwan, Kunshan of Jiangsu province, and Chengdu of Sichuan province. The Chengdu plant is capable of rolling out eight million square meters of Low-E glass per year. 

(by Ben Shen)

600450 Taiwan Glass the Largest Float-glass Maker in Mid-western China glassonweb.com
Date: 2 August 2011
Source: www.news.cens.com

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