Wansheng Float Glass Company, a subsidiary of Fuyao Glass Group, started production from its first float glass line in May 2011, and has CNY 150 million annual output. The company has now started up its second production line, and will produce 350,000 tons of float glass per year, with an annual output of CNY 700 million.
Wansheng is a subsidiary of Fuyao Glass Group, the largest automatic glass manufacturer in China, a project worth CNY 900 million and involving two float glass lines with 1,200 tons’ daily melt capacity. The company will supply raw materials for auto parts glass and energy-saving glass.
The first float glass line started production in May 2011, and has CNY 150 million annual output. This second line means it can achieve “local made” auto glass in Chongqing this year, thus reducing production costs. The per ton price of auto glass and building glass offered by Wansheng will be reduced by CNY 300 to CNY 400.
On completion, the company will produce 350,000 tons of float glass per year, with an annual output of CNY 700 million.