# Saint-Gobain takes 50% stake in JJG flat glass production line in China

Saint-Gobain acquired a 50% stake in a flat glass production line of Chinese group JJG in Zibo, Shandong, with 160,000 tonnes annual capacity, to double its basic glass production in China for automotive supply.

- Type: Acquisition
- Announced: 2018-04-11
- Where: Zibo, Shandong province, China
- Status: announced
- Capacity: 160,000 tonnes per year
- Products: flat glass
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md)
- [Saint-Gobain](https://endata.com/companies/1801.md) (acquirer)
- [JJG](https://endata.com/companies/29086.md) (partner)
- [JJG](https://endata.com/companies/29086.md) (target)

## Sources

- [investegate.co.uk](https://www.investegate.co.uk/announcement/rns/compagnie-de-st-gobain-sa--cod/acquisition/5322658), 2018-04-11: "This JV will allow Saint-Gobain to almost double its production of basic glass in China, reinforcing the reliability of the flat glass supply for its Sekurit automotive glass factories."
- [glassonline.com](https://www.glassonline.com/saint-gobain-invests-in-chinese-flat-glass-production-line/), 2018-04-26: "Saint-Gobain has taken a 50% stake in a flat glass production line of the Chinese group JJG, located in Zibo in the Shandong province, North-East China, with a total annual capacity of 160,000 tonnes."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.