Owens Corning and Jinniu Fiberglass Announce Alliance
Owens Corning recently announced a manufacturing supply alliance with Xingtai Jinniu Fiberglass Co. The alliance will reportedly use Jinniu’s existing glass fiber furnace capacity in China to provide a reliable supply of customized boron-free glass fiber reinforcements. The alliance is intended to leverage Owens Corning’s technology expertise for environmentally sustainable manufacturing. Both companies will continue to operate as separate commercial entities.
“This supply alliance is an example of two companies working creatively to serve glass fiber customers in the high-growth China market with a capital-efficient solution,” said Arnaud Genis, group president, Composites Solutions, Owens Corning. “By utilizing Owens Corning’s advanced technology expertise and Jinniu’s manufacturing capacity, we will continue to meet the market’s present and future needs for boron-free glass fiber reinforcements in China.”
“Jinniu and Owens Corning have agreed to complement each other’s strengths, which will provide a good foundation for sustainable development for both companies,” said Qi Zemin, general manager, Jizhong Energy Resources Co. Ltd., the parent company of Xingtai Jinniu Fiberglass Co. “This is also a creative step to explore new models of development for China glass fiber companies.”
For additional information, visit www.owenscorning.com.