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“Building a new facility in China is part of our global business strategy to supply our customers locally in growing regions of the world,” said Mike Thaman, chairman and CEO. “The new Yuhang plant represents Owens Corning’s commitment to serve our customers and the fast-growing China market.”
Capacity from the new Yuhang plant, currently in its first phase of operation, will augment output from an existing nearby facility, and will supply rovings to the Asia Pacific market (which are currently being imported from Europe and the Americas). The new facility employs approximately 280 people and brings the number of composite production sites in Asia to eight. The new plant is designed for world-class energy efficiency, combining the company’s patented Advantex® glass formulation together with its advanced glass melting technology.
“We are very excited to bring our best-in-class technology here to China,” said Jean-Marc Sinkora, vice president and managing director of Owens Corning China. “This investment enables us to serve our Asia Pacific customers with local supply, allowing them to bring products to market more quickly and more cost effectively.”
For more information, visit www.owenscorning.com.