Previously JSC Valmieras stikla šķiedra reported that, on 11 May, the operation of one of the three glass melting furnaces was stopped. Today, on 20 May, the operation of this glass melting furnace was renewed with a 60–70 % capacity of the total capacity of the furnace, and it is planned that it will operate in partial mode for the next 2 months, i.e. until August 2016. In August, however, the furnace will be fully reconstructed so that in September it can start operating with an additional capacity of 30 %.
Considering the rapid development of the global glass fibre market and increased demand for various glass fibre products evidenced by the record volumes of product orders, and in accordance with the Company's investment plan for 2016, it is planned to increase the production capacity by building the fourth glass melting furnace in Valmiera.
The furnace building works are planned to be completed by the end of June this year, and this furnace will envisaged for a patented type of glass which is unique in the world and will have thermal resistance of 800 ºC. Thanks to the production of this type of glass, the Valmiera Glass Group will be the only company in the world which will be able to offer such wide variety of glass fibre product to the thermal insulation market.
About the Valmiera Glass Group:
JSC “Valmieras stikla šķiedra” and its subsidiaries (hereinafter “the Valmiera Glass Group” or “the Group”) are among the leading glass fiber manufacturers in Europe. The Valmiera Glass Group companies operate in two continents and in three countries: Latvia, the United Kingdom and the United States. JSC “Valmieras stikla šķiedra” production facilities have more than eighty years of experience in textile processing, and their products are aimed at various industrial markets. The Group is composed of four companies: the parent company JSC “Valmieras stikla šķiedra” and its three subsidiaries – Valmiera Glass UK Ltd. in the United Kingdom, Valmiera Glass USA Corp. and Valmiera Glass USA Trading Corp. in the United States of America.
Contacts:
Marika Nīmante
JSC „Valmieras stikla šķiedra” marketing project manager
Phone: +371 64202276, +371 26635509
Fax: +371 64281216
E-mail: Marika.Nimante@valmiera-glass.com
More information about company: www.valmiera-glass.com