# Xinyi Group to invest $100M in coated glass project in Jiangsu

Xinyi Group signed a capital increase agreement on March 20, 2020, to invest USD 100 million in a new high-end energy-saving glass deep-processing project in Zhangjiagang Metallurgical Industrial Park, Jiangsu. The project will produce Low-E coated glass, insulating glass, and laminated glass, with construction starting in H2 2020.

- Type: Expansion
- Announced: 2020-03-20
- Where: Zhangjiagang, Jiangsu, China
- Value: $100.0M
- Starts operating: Q3 2020
- Status: announced
- Products: Low-E coated glass, insulating glass, laminated glass
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Xinyi Glass Holdings](https://endata.com/companies/28460.md)

## Sources

- [xinyiglass.com](https://www.xinyiglass.com/en/companynews/info.aspx?itemid=1026), 2020-03-23: "Xinyi Group plans to increase capital for new high-end energy-saving glass deep-processing projects in Zhangjiagang Metallurgical Industrial Park."

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