Source:Jushi Group Co., Ltd.

Date: November 28, 2013

On November 27, 2013, Jushi Group's 80,000t/y tank furnace wire-drawing production line in Egypt was launched. The line is scheduled to go into production in late December.

Jushi Egypt Glass Fiber Co., Ltd. is a wholly-owned subsidiary of Jushi Group Co., Ltd. on the coast of the Red Sea in Egypt, which is located at the national overseas investment industrial park--Suez Economic and Trade Cooperation Zone. The project has a total planned scale of 200,000 tons and Phase 1 involves an 80,000t/y production line. With Jushi's advanced glass fiber production process and equipment, the project is technically up to world leading standards. To better serve Europe, the Middle East and India, Jushi Egypt Plant will turn out products including direct yarn, twisted yarn, chopped strand, etc.

Launched in early 2012, the project is the first new overseas solely-invested tank furnace wire-drawing production line of China's glass fiber industry, as well as Jushi's largest overseas project during its internationalization. The project's coming on stream will meet customers' needs for supply radius reduction and service improvement to a larger degree, and the experience accumulated in the project will be of great and far-reaching significance to Jushi's future development.