Zhenghchuan Glass has announced it is planning to expand production capacity by setting up a new plant, increasing the company's existing capacity of 1BN bottles/pa, by 40%. It is expected to be ready 2011 & will require additional staff of 200, increasing the total number of staff at Zhenghchuan Glass to 2000. The decision to expand the production capacity was taken in the context of increasing demand for the company's bottles from the domestic pharmaceutical industry, according to Xiao Qing, sales controller of the company. Zhenghchuan currently supplies bottles to more than 300 pharmaceutical companies in China. With the formulation industry set for a rapid growth in coming years in China, demand for glass bottles & vials is on the rise. Today, almost 40% of the Chinese pharma industry's requirement for glass products is being met by Zhenghchuan, Qing said. There are 10 other glass bottle manufacturing units in China serving the domestic pharma industry.
