Fuyao launches €300 million Russian plant

China´s Fuyao Glass Industry Group has launched a €300 million plant in Kaluga, Russia.The capacity of the first line is 1 million sets of automotive glass a year and is set to triple over the next two years, Fuyao Glass Rus managing director Chen Chuqing said at a Vedomosti conference Autoevolution-2013 in Kaluga.Fuyao Glass Industry Group president Cao Dewang said the company may consider the option of producing float glass in Russia in the future too.About two-thirds of the glass that Fuyao produces in Russia will be distributed to Europe, with the remaining third sold domestically, Dewang said.He added that the company´s main customer in Russia is the Volkswagen (VW) group, which also has a plant in Kaluga.Construction of the site began two years ago. Fuyao is the world´s second largest automotive glass manufacturer after Japan´s Asahi Glass Co. 16.09.2013, Fuyao Glass Industry Group/glass-international.com