CTT-Refractory and glass news

Owens Corning has formed a partnership with Chinese glass fiber producer Taishan Fiberglass. Taishan is a subsidiary of China National Materials Group (Sinoma). The partnership will grow the use of alkali resistant speciality glass products; manufacturing will be based in China and supported by Owens Corning’s R&D centers, which will provide product and application development.

Fiskars will centralize glass manufacturing and expand its Iittala factory. The codetermination negotiations started at Iittala and Nuutajärvi glass factories of Finland in April, 2013, have now been concluded. The reason for the negotiations was the company’s plan to reorganize the group’s glass manufacturing operations and centralize the glass production in Iittala; as a result Fiskars centralizes its own glass manufacturing into one unit in the Iittala glass factory and production currently based in Nuutajärvi will be transferred to Iittala in 2014.

Hindusthan National Glass and Industries Ltd. (HNG) has posted a net loss of Rs 84 crore in Q4 FY13 against a net profit of Rs 31 crore in Q4 FY12. For the full year, the country’s largest container glassmaker posted a net loss of Rs 172 crore, against a net profit of Rs 91 crore in 2011-12.

• Egi MJG Float Glass, a joint venture between the Egi Community, Mara Group, JS Group and Ghani Group in River State, announced the groundbreaking for their first float glass manufacturing plant in Nigeria, which is valued at $210 million. The production facility in Rivers State, which aims to produce 500 metric tons per day, will cost $110 million during the first phase, and an additional $100 million during the second expansion phase.

• Vietnam Rare Chemical Company (VRec) hosted a groundbreaking ceremony of their zircon plant at Cai Mep Industrial Park in the southern province of Ba Ria-Vung Tau on June 5. This is the first foreign invested project at Cai Mep IZ and the first rare-earth production plant in Vietnam, invested in by the Japanese company VRec.