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Explore the world of composites through JEC Group’s multi-channel knowledge-sharing resources: JEC Composites Magazine & e-newsletters, in-depth analysis & market reports, technical & business conferences, video & social media platforms
Connect with the global composites community with JEC Group’s portfolio of international events & networking solutions, on and off-line: the world’s premier composites exhibition JEC World, specialist region & market-focused Forums & Summits, & one-to-one Business Meetings program
Discover the composites technologies, people and organisations shaping the future through JEC Group’s showcases of creativity & collaboration: the renowned JEC Composites Innovation Awards, Startup Booster challenge, & industry-themed Innovation Planets.
China Jushi issued an announcement saying that due to the continuous impact of the global epidemic in India, the construction of the Indian project is facing huge obstacles. Upon consideration of this issue, it was decided to terminate the 100,000-ton-per-year alkali-free glass fiber pool kiln wire drawing production line project in India and convert it into a new project in Egypt with an annual output of 120,000 tons of glass fiber pool kiln wire drawing production line.
China Jushi issued an announcement saying that due to the continuous impact of the global epidemic in India, the construction of the Indian project is facing huge obstacles. Upon consideration of this issue, it was decided to terminate the 100,000-ton-per-year alkali-free glass fiber pool kiln wire drawing production line project in India and convert it into a new project in Egypt with an annual output of 120,000 tons of glass fiber pool kiln wire drawing production line.
Jushi said that currently the company’s glass fiber products sold in India are mainly imported from China and Egypt. In the future, the company will continue to ensure the supply of products to the Indian market, and at the same time, continue to promote the site selection and investigation of new overseas projects.
On the same day, Jushi announced that it will invest about 1.8 billion yuan (€ 250 million) in Chengdu to build a new glass fiber chopped strand production line with an annual output of 150,000 tons. The project plans to build a new fiberglass pool kiln wire drawing production line at the existing site in Qingquan Town, Qingbaijiang District, Chengdu. Construction will start in the first half of 2022. After completion, the annual sales revenue is expected to be 900 million yuan (€ 125 million).
Jushi said that in recent years, chopped strand products have performed strongly in the composite material market for automotive and home appliances. There is a structural shortage in many markets around the world, and these chopped strand products are expected to maintain a relatively high growth rate in the future.
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