Taiwan Glass To Set Up Sodium Carbonate Plant In Mainland China

Date: 22 September 2009
Source: China Knowledge
Sep. 21, 2009 (China Knowledge) - Taiwan Glass Industry Co, the listed subsidiary of Taiwan Glass Group, plans to set up a sodium carbonate plant in Huaian, Jiangsu Province, to tap into the glass upstream materials business.

The new plant, with a total investment of US$485 million, is jointly funded by Taiwan Glass, venture capital firms and other shareholders.Taiwan Glass holds a 30% stake in the JV.
 
The investment plan, the largest made by the Taiwanese firm so far, has obtained the approval from China's National Development and Reform Commission.
 
Read full story here.

600450 Taiwan Glass To Set Up Sodium Carbonate Plant In Mainland China glassonweb.com

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