New glass fibre one-stage furnace is intended for production of a special kind of glass, minimizing production costs, modernising processes and obtaining a high added value product at the same time. Only the newest and most progressive technologies are used in the furnace construction process for it to be environmentally friendly. It is expected to be energy-efficient, decreasing the amount of energy use for 40%, and also effective, because the new furnace will provide about 50% higher productivity by using all the production surpluses efficiently.
"During last few years industrial textile industry and related markets have developed and demand has increased for its various products. At times our production capacity, by running two glass furnaces at the same time, had difficulties to meet the demand. With the establishment of the third glass melting furnace we will obtain greater production stability and advantages. In addition, this investment enables us to continue to narrow the inefficient two-stage glass fibre production process or the "glass marble technology- leaving glass marbles in the past. Continuous development and innovation, combined with 50 years of experience in glass fibre production is part of our success and I believe that this project will important impetus for the development and employment of the local region" stated JSC "Valmieras stikla saiedra" chief executive officer A.O. Brutans.
Overall, the 4.57 million lats will be invested in the project of new glass melting furnace construction, of which 976 thousand lats will be co-financing of the Latvian Investment and Development Agency and 3.60 million lats of JSC "Valmieras stikla skiedra" funds. It's planned that the establishment of the new furnace will be completed till december of this year, at the same time putting it into the operation.
JSC "Valmieras stikla skiedra" is focused on the development and innovation. Planning the long-term performance, we've done a lot in the company's modernization and progress. The significant financial resources - 72.92 million LVL have been invested in the period of 2001-2012 (including) to raise the efficiency of the production process; the work continues to develop new projects and ideas to meet customer needs and expectations.
Information:
JSC "Valmieras stikla skiedra" is a company with a long-standing experience and quality mark of producing glass fibre and its products. For 50 years we have been offering our production to the domestic and foreign markets, which after a further processing turns into heat and technical insulation materials. 96% of the production is being exported to 32 countries around the world and certainly everyone at least for once have had to face the its versatility. Glass fibre is being used for its dielectric, sound and thermal insulation, it is also chemically and biologically resistant, so it is found practically everywhere - home appliances and electronics, medical equipment, automotive and construction, and also in such specific sectors as aviation, space industry and military production.
JSC "Valmieras stikla skiedra" is the largest manufacturer and the tax payer in Vidzeme region with more than 850 employees', that is an impressive number for a private employer not only regionally but also on a national scale.
Inita Martinsone JSC "Valmieras stikla skiedra" marketing project manager Phone: 64202276 Fax: 64281216 E-mail: initam@vss.lv www.vss.lv
© 2012 GlobeNewswire
