The world's largest C-glass fiberglass manufacturing base with an annual production capacity of 90,000 tons will be built in Qingbaijiang Industrial Park, Chengdu city. Construction of the first production line with an annual capacity of 30,000 tons has already begun. It is also the largest C-glass fiberglass filament winding line in the world. Jushi Group from Tongxiang city, Zhejiang province, together with Chengdu Zhenshi Investment Ltd. and Chengdu Jufeng Glass Ltd., formed Jushi Group (Chengdu) Ltd.

The first production line requires a total investment of RMB 250 million and is expected to become operational in October this year. In the next five years, RMB 900 million will be invested to build another three filament winding production lines. When completed, it will become the world's largest C-glass fiberglass manufacturing and exporting base with an annual production capacity of 90,000 tons. (FDI)

Source: cei.gov.cn March 18, 2004