Glaston Corporation Press release 18 December 2020
Glaston Group has closed a deal for three insulating glass lines with one of the leading architectural glass suppliers in China, CSG Holding Ltd. The total order, valued at close to EUR 2.5 million, is booked in Glaston’s Q4/2020 order book and includes insulating glass manufacturing equipment from Glaston’s technology centers in Germany and China. The lines will be delivered and installed during the second quarter of 2021.
Glaston’s longterm customer CSG Holding has made a name for itself as one of the top glass suppliers in China. The company is expanding its operations to a new factory with main focus on high end architectural and energy saving glass products. For production of the planned yearly capacity of 2.5 million square meters insulating glass and 3.5 million square meters of coated glass they decided to buy their insulating glass equipment from Glaston.
The order is a mix of insulating glass equipment from Glaston China and Glaston Germany. For production of the insulating glass, CSG ordered two COMFORT lines and one COMPACT line as well as other equipment related to high-quality insulating glass manufacturing.
The Glaston COMFORT and COMPACT lines are the ideal choice for customers starting into automated insulating glass production. Both lines provide high quality insulating glass unit manufacturing with an excellent cost/performance ratio. In addition, the COMFORT IG line comes with automated gas filling system. The deal also includes three sets of SPEED’SEALER. With its dynamic mixing system the automatic sealing robot SPEED’SEALER has achieved a top position in the market and is currently one of Glaston’s best selling insulating glass products.
“Our versatile product offering, technology and quality are the cornerstones for our long relationship with CSG Holding. Throughout the years we have installed several tempering and insulating glass lines at their factories, and are, of course, very happy to be part of their journey and success when they expand operations,” says Sasu Koivumäki, Acting CEO&President, Glaston Corporation.
For further information, please contact:
Acting President and CEO Sasu Koivumäki, tel. + 358 40 558 7530
Press and investor inquiries:
Agneta Selroos, Communications Manager, tel. +358 500 5070
Glaston is the glass processing industry’s innovative technology leader supplying equipment, services and solutions to the architectural, automotive, solar and appliance industries. The company also supports the development of emerging technologies integrating intelligence to glass.
As of April 2019, Bystronic glass is part of Glaston Group. Together we are committed to providing our clients with both the best know-how and the latest technologies in glass processing, with the purpose of building a better tomorrow through safer, smarter, and more energy efficient glass solutions. We operate globally with manufacturing, services and sales offices in 11 countries. Glaston’s shares (GLA1V) are listed on NASDAQ Helsinki Ltd.