Digital Building Materials DBM · Glass Weekly View: Glass Market Turnover Upward, Inventory Down Slightly (6.3-6.9)

2023-06-12 10:56:47

Glass market turnover up, inventory down slightly

On June 9, the operating rate of float glass in China was 80.14%, a month-on-month ratio of + 0.15 percentage points, and the national average price this week was 2099, a decrease of 58% compared with last week.

Glass industry hot spot summary (6.3-6.9)

1. Last week's glass production line dynamics

On June 5, 600 tons of Dongtai Zhongbo Line 1 were ignited;

On June 8, 500 tons of Dongguan Xinyi Line 3 were discharged;

On June 9, Langfang Jinbiao's 600-ton first-line grey tea was converted to European grey tea;

on June 9, Yibin Yaohua's 600-ton second-line tea was ignited and put into production.

2. Deli and Hefei University of Economics held the signing and unveiling ceremony

of school-enterprise cooperation on June 7. Deli and Hefei University of Economics held the signing ceremony of strategic cooperation, and unveiled the "Daily Glass Intelligent Equipment and Flexible Manufacturing Laboratory" jointly established by the two sides. The two sides will give full play to their respective advantages and cooperate in a comprehensive and in-depth way around the training of applied talents, student internships and employment.

3. Photovoltaic glass giant Fulai personnel changes! Ruan Hongliang resigned as president, and his daughter Ruan Zeyun took over

. On June 6, Fulai issued a senior management change announcement. The announcement disclosed that the board of directors of Flat Glass Group Co., Ltd. recently received written applications from Mr. Ruan Hongliang, president of the company, and Ms. Jiang Jinhua, executive vice president of the company. Due to internal work adjustment, Mr. Ruan Hongliang and Ms. Jiang Jinhua applied to resign from the positions of president and executive vice president of the company respectively. However, Mr. Ruan Hongliang still serves as the chairman of the Company and the relevant positions in the committees of the Board, and Ms. Jiang Jinhua still serves as the vice chairman of the Company and the relevant positions in the committees of the Board.

4. Supervision and spot check of 2 batches of unqualified laminated glass

Shandong Provincial Market Supervision Bureau recently released the results of provincial supervision and spot check of laminated glass product quality in 2022. The results showed that two batches of products from two producers of Shandong Mingdong Glass Products Co., Ltd. and Junan Xingyou Toughened Glass Co., Ltd. did not meet the requirements of relevant standards, and the unqualified items were heat resistance and falling ball impact peeling performance.

5. Shandong Pinzhengyan Color Crystal Melting Process Glass Innovation Processing Project held a commencement ceremony

on May 24. Shandong Pinzhengyan Color Crystal Melting Process Glass Innovation Processing Project held a commencement ceremony. Shan Jinfeng, Vice Chairman of the CPPCC and Director of the Municipal Bureau of Commerce and Investment Promotion, Xia Bo, Secretary of the Party Committee of Baogou Town, Min Xianhu, Chairman of Shandong Pinzheng Glass Technology Co., Ltd., Min Fang, General Manager of Shandong Pinzheng Glass Technology Co., Ltd., Zhang Kaiqiang, Deputy Secretary of the Party Committee of Baogou Town, Director of the Liaison Office of the CPPCC, Qiu Jie, Deputy Secretary of the Party Committee of Baogou Town, Member of the Political and Legal Committee of Baogou Town, Chen Hao, Member of the Party Committee of Baogou Town, Vice Mayor of Baogou Town, and Chen Hao, Vice Zhang Jingzhou, Director of Baogou Town Investment Promotion Service Center and Director of Economic Development Office, as well as all leading cadres of Baogou Town, cadres of all organs, heads of departments directly under the town, principal heads of villages and representatives of staff of project units attended the opening ceremony.

6. Invest 80 million!

On June 5, the commencement ceremony of Hunan Desheng Glass Products Co., Ltd. was held in Duanqiaopu Town, Dongan County.

7. China Building Material Engineering Group and KCC Group of Korea signed a contract

for the installation of 1200t/d float glass production line in Indonesia on June 5. Peng Shou, academician of the Chinese Academy of Engineering, chief engineer of China Building Material Group, chairman of Triumph Science and Technology Group and chairman of China Building Material Engineering Group, and Mr. Park yuanzhu, vice president of KCC Glass Group of Korea, signed an online contract for the installation of a float glass production line with a daily melting capacity of 1200 tons in Indonesia. This is the third cooperation achievement of the two sides in this project after the EP general contract and the environmental protection project contract, and it is also another business breakthrough of China Building Material Engineering Group in the installation project besides the EP mode of overseas glass projects.

8. Desheng Glass Products was put into production

in Duanqiaopu Town, Dongan County. On June 5, the production ceremony of Hunan Glass Products Co., Ltd. was held in Duanqiaopu Town, Dongan County. Xie Meifang, member of the Standing Committee of Dongan County Committee and Minister of Publicity Department, announced that the project was officially put into operation. Representatives of the Fourth Investment Promotion Working Group of Dongan County were invited to attend the ceremony. Zhang Xuejun, Secretary of the Party Committee of Duanqiaopu Town, delivered a speech. Ma Zongming, General Manager of Hunan Desheng Glass Products Co., Ltd., attended the ceremony.

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