Xinyi Glass to invest $11.5B in quartz sand processing plant in Indonesia

Xinyi Glass Holdings signed an MOU with the Indonesian government to invest $11.5 billion in a quartz sand processing plant on Rimpang Island, Indonesia.

“Chinese glass producer, Xinyi Glass Holdings Ltd, has committed to investing $11.5 billion to build a quartz sand processing plant in Indonesia.”reuters.com

• 1 source
• reuters.comChina's Xinyi to invest $11.5 billion in Indonesia factory -Indonesian ministerJul 28, 2023

Summarized from public sources; check the original articles before acting on it.