# Kibing Group to build $108B glass new materials industrial park in Shaoxing

Kibing Group signed an agreement to invest 108 billion yuan in a new materials industrial park in Shaoxing, Zhejiang, producing photovoltaic glass, pharmaceutical glass, and electronic glass, to be built in two phases.

- Type: New facility
- Announced: 2020-09-15
- Where: Shaoxing, Zhejiang, Ma'an block, Keqiao Economic Development Zone, China
- Value: $15.8B (108.0B CNY)
- Status: announced
- Products: aluminosilicate glass, neutral borosilicate pharmaceutical glass, high-alumina electronic glass
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Kibing Group](https://endata.com/companies/49912.md)

## Sources

- [news.cnpowder.com.cn](https://news.cnpowder.com.cn/57075.html), 2020-09-15: "旗滨（绍兴）新材料产业园项目总投资108亿元，落户于柯桥经济技术开发区马鞍区块，总用地818亩，主要发展光伏组件高透基板新材料、中性硼硅药用玻璃、电子信息材料等三大板块"

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