Construction of "Lightweight Pharmaceutical Molded Glass Bottle (Class I) Industrialization Project" of Linotebo

Digital Building Materials DataBM. Com announced that Linotebo had issued a construction announcement for the project. The company held the commencement ceremony of "Lightweight Pharmaceutical Molded Glass Bottle (Class I) Industrialization Project", the first phase of "Linotebo Phase III High-end Pharmaceutical Packaging Material Project", marking that the project has officially started construction. On June 27,

2022, Linot Glass Company and Shanghe County People's Government of Jinan signed the Investment Agreement for Linot Glass Phase III High-end Pharmaceutical Packaging Project, which plans to invest about 2 billion yuan, of which the fixed assets investment is not less than 1.5 billion yuan, and the total land area of the project is about 300 mu. It mainly constructs high-end pharmaceutical packaging materials and science and technology innovation centers. The total investment of the sub-project

commenced this time is RMB 641.8727 million. After the project is completed, an annual production capacity of 46,574.00 tons of light-weight medicinal molded glass bottles (Class I) will be formed.

Linot Glass said that the construction of the new project is conducive to further enhancing the company's comprehensive competitiveness in pharmaceutical glass, which is in line with the company's development strategy and overall interests.