Asian Glass Technology Exhibition opening is expected to reach RMB100 million(7/2/2010)

Beginning on June 29 at the Eighth Asian Glass Technology Exhibition (GlasstechAsia), is expected to drive the next 12 months worth 80 million yuan to 100 million in business transactions, is the highest record.

The three-day international glass exhibition at the Marina Bay Sands Convention Center, expected to attract 5,000 visitors come from home and abroad for presenting.

Total of 197 exhibitors from 26 countries and regions, mostly from Singapore, China, Germany, Italy, Malaysia, Taiwan, the United Kingdom and the United States.

Glass Expo Asia is Asia's only international glass technology exhibition. The exhibition was first held 12 years ago, after seven years absence, returned to Singapore.

In line with the growing popularity of green action, the exhibition this year, the new "green technology" exhibition featuring the green glass technology and products.

Turning to the prospects of local glass manufacturers, glass, Singapore Society of the Jie June 28 interview admitted that local manufacturers in recent years because the Chinese glass manufacturers do market share and market share declined. He pointed out that local manufacturers export ratio of 50-50 before, and now only 30% of the export ratio, which therefore had to focus on our domestic market.

Along with the completion of the two integrated resorts, the local construction industry will soon peak of the past. The Jie said, however, due to strong market demand, the Government will introduce more HDB projects, the private housing market in the next three to five years to continue hot, which increases with the number of tourists pushing the demand for commercial construction projects , the prospects for local glass company is still optimistic.

(by China Leiyuan, 7/2/2010)