I. Project name: Project towards producing 160,000 tons E glass furnace of CTG annually
II. Project address: Tai'an Hi-tech Industrial Development Zone
III. Brief introduction to the project: This project is going to adopt the international edge technologies to build two production lines of producing 80,000 tons E glass furnace of CTG annually.
IV. Total investment: 2.2 billion yuan RMB
V. Ways of cooperation: Joint venture and cooperation
VI. Market analysis of the project: The competitive advantage of this project lies in the excellent product quality, great export demand and low production cost. This enterprise can get the advantages of service and manufacturing by means of raw material supply and scale advantage. And it also can promote the competitive strength on the base of market share. Therefore, this project has vast market prospect and development space.
VII. Analysis of the economic benefit: After the project puts into operation, it can newly increase the sales revenue of 2 billion yuan RMB, and profit and tax of 400 million yuan RMB annually as well.
VIII. Brief introduction to the cooperation unit of the project: Tai'an Fiber Glass Stock Co., Ltd. was established in 1997 with a total assets of 4.85 billion yuan RMB and a registered capital of 1.93 billion yuan RMB. And it has 4,000 employees. The products of this company include alkaili-free fiberglass chopped strand mat, woven roving, SMC yarn, jet yarn, 4,800 tex untwisted direct yarn, and BMC, PA, PP short cut fiber, and have formed a comprenhensive system of 56 varieties of 6 kinds with 1,350 different specifications. The products mainly export to USA and Western Europe. At present, this enterprise has set up several subsidiaries and branches in Europe, Middle East and Australia. In 2008, this company realized the sales revenue of 2 billion yuan RMB, profit and tax of 350 million yuan RMB annually as well.
IX. Contact ways:
Contact unit: Taishan Fiber Glass Stock Co., Ltd.
Person to contact: Hua Desheng
Tel: 0086-538-6622559
E-mail: huactg@126.com
