Xinyi Glass Invests $386 Million to Build First Automotive Glass Plant in Saudi Arabia

Reuters
Jan 15
<a href="https://laohu8.com/S/XYIGY">Xinyi Glass</a> Invests $386 Million to Build First Automotive Glass Plant in Saudi Arabia

Xinyi Glass Holdings Ltd. has announced a major investment of approximately USD 386 million to establish a new production facility in Saudi Arabia, in collaboration with the Saudi Industrial Cities and Technology Zones Authority (MODON). The project will cover over 350,000 square meters and include production lines for float glass, automotive glass, and high-performance Low-E energy-saving glass. This expansion marks Xinyi Glass’s first flagship base in the Middle East and will make it Saudi Arabia’s first automotive glass manufacturer. The facility aims to serve both domestic and international markets, supporting Saudi Vision 2030 by advancing industrial localization, export diversification, and the development of advanced manufacturing in the region.

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