Glaston Group to provide six pre-processing machines to Chinese customer for €2 million

  

Glaston Group is to provide six pre-processing machines to Chinese glass manufacturer Xinyi Glass Holdings.

The deal will be completed in two phases, with the first phase costing approximately €1 million. It is booked in Glaston’s Q4/ of 2019 order intake.

The second phase will start on completion of phase one and will cost the company another €1 million.

The machines will be delivered during the early part of 2020.

Founded in 1988, Xinyi Glass Holdings Limited currently operates seven manufacturing facilities in China with a total area of over 6.83 million m2 and around 15,000 employees.

Xinyi is said to be one of the biggest glass companies in China and manufactures float, solar, coated and automotive glass.

Xinyi Glass is a longtime Bystronic glass customer and there is a total of 34 Bystronic glass automotive machines installed and running at Xinyi Glass’ premises.

Xinyi Glass will set up a completely new factory in Malaysia with automotive glass as one of the main businesses.

Jeffrey Zhao, Vice President, Sales and Service, China at Glaston Group, said: “We were successful in closing this deal thanks to our suitable solution, stable quality, good service and competitive commercial package.

“Xinyi Glass is one of our key customers and we are very happy to continue working with them.”


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