Helsinki, Finland, 2014-01-27 13:00 CET (GLOBE NEWSWIRE) -- GLASTON CORPORATION P ress Release 27 January 2014 at 2 pm. Glaston closes deal in China Glaston has closed a EUR 1.8 million deal with CSG Group for a double chamber furnace FC500™+ RC350™ 2460-380 equipped with the advanced Vortex Pro™ convection control system representing Glaston’s latest technology and highest configuration. Two sets of jumbo size UC1000 automatic cutting lines are also included in the deal. The line will be installed in CSG’s Chengdu plant, the company being the leading glass processor in South-West China. This is the first FC500™ double chamber furnace sold in China. The machines will be reported in Glaston’s Q1/2014 order book and will be delivered to the customer during the first and second quarter of 2014. CSG Holding Ltd. was established in 1984. The company is the leading supplier of energy saving glass in China. In line with latest market trends, CSG Group is focusing on high end architecture glass products and invests to produce highest quality Low-E glass for commercial buildings. During the past years CSG has ordered a total of 22 Glaston tempering lines and several Pre-processing machines. “The main driver for CSG’s new project is processing jumbo size soft coated Low-E glass, with best flatness, optical quality and minimum roller wave. Glaston’s FC500™ is designed especially for double and triple Low-E glass processing, and meets the customer’s demand for excellent performance and high quality of the end products” comments Frank Zhang, General Manager for Glaston Asia. For further information, please contact: Glaston Corporation Arto Metsänen, President&CEO Phone: +358 10 500 500 Frank Zhang, General Manager, Asia phone: +86 21 5840 9778*816
GLASTON CORPORATION Agneta Selroos Director, Communications and Marketing phone: +358 40 7453 737
Glaston Corporation Glaston is a global company developing glass processing technology for architectural, solar, appliance and automotive applications. Our portfolio ranges from pre-processing and safety glass machines to services. We are dedicated to our customers’ continued success and provide services for all glass processing needs with a lifecycle-long commitment in mind. For more information, please visit www.glaston.net . Glaston's share (GLA1V) is listed on the NASDAQ OMX Helsinki Small Cap List.
