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China Jushi is very pleased to confirm that the global expansion is in full swing with its third furnace in Suez, Egypt, planned to come onstream in the 2nd half of 2017.
According to Jushi, the production facility will be completed three years earlier than planned, and will have a capacity of 200,000 tonnes p.a.
James Wang, General Manager of International Sales at Jushi, explains, “The industry requires truly excellent suppliers. Through the implementation and completion of our worldwide globalisation strategy, serving Europe and North America, we can supply to every continent in the world, which is important for our global customers. Furthermore, our first Fibreglass production line in the US, Richmond / South Carolina, with a capacity of 80 kt p.a. broke ground on 8 December 2016. Construction will finish and the facility will come onstream in the last quarter of 2018, employing 400 workers.”
Kirstin Kettler, Head of Fibreglass at HELM, announces, “As the exclusive distribution partner for Jushi in Germany, Austria and Switzerland, we are very pleased with the developments and results in Egypt. Hence, we are happy to announce that we are intensifying our customer service, offering silotruck deliveries to our Chopped Strands Thermoplastics customers with immediate effect. For our customers, this means significant cost savings and an efficiency increase. Besides increased Chopped Strand capacity, Jushi has also extended its product portfolio with BMC Chopped Strands, SMC Class A, LFT Roving and new Direct Rovings for the wind-energy market.”
Dr Michael Effing, Senior Advisor to HELM, explains, “The European Thermoplastics market is growing constantly a rate of 5 to 6 % per year. At 1,5 million tonnes of glass fibre reinforced thermoplastic compounds (including LFT compounds), Thermoplastics are representing 54 % of the European market. Thermoplastics offer in fact a broad spectrum of innovative applications, especially in the field of LFT Rovings and Chopped Strands for PA/PP – so I am very pleased to witness and actively support HELM and Jushi´s joint development strategy and strong worldwide commitment to our valued customers.”
Image provided by Jushi Group
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