China Construction Eighth Engineering Group Co., Ltd. signed a contract for Xinyi Glass Float Glass Manufacturing Plant Project in Indonesia

2023-02-10 13:46:11

On February 8, the Eighth Bureau of China Construction and Xinyi Glass (Indonesia) Co., Ltd. formally signed the general contract for the Indonesian float glass manufacturing base project.

On February 8, China Construction Eighth Engineering Bureau and Xinyi Glass (Indonesia) Co., Ltd. formally signed the general contract for the Indonesian float glass manufacturing base project, and the signing ceremony was held in Surabaya, the capital of East Java Province, Indonesia. Following the Pontianak Bridge Project in Indonesia, the Eighth Bureau of China Construction signed the Xinyi Glass Float Glass Manufacturing Plant Project in Indonesia again. Located in JIIPE Special Economic Zone, Jinshi County, East Java Province, Indonesia, the

Indonesian float glass manufacturing base project will be the first factory of Xinyi Glass Holding Co., Ltd. in Indonesia and the second factory in the world outside China. This project is the first project of China Construction Eighth Engineering Bureau in Surabaya, Indonesia, which improves the market layout in Indonesia, enables the Eighth Engineering Bureau to further enhance its advantages in overseas industrial plant business while maintaining its traditional advantages in infrastructure, housing construction and super high-rise buildings.

Prior to this, Xinyi Glass actively expanded its float glass production capacity overseas, and will build four new float glass production lines in Indonesia, with a total capacity of 4400 tons.

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On February 8, the Eighth Bureau of China Construction and Xinyi Glass (Indonesia) Co., Ltd. formally signed the general contract for the Indonesian float glass manufacturing base project.

2023-02-10 13:46:11

Prices in Ningxia are stable but export sales are low, Gansu is facing callback pressure after price increases, sales in Qinghai are not up to expectations after pushing up, Shaanxi has great resistance to price recovery, Xinjiang is stable due to engineering demand, and the overall market is mainly stable price wait-and-see in the short term.