Owens & Jinniu alliance on glass fiber reinforcements

June 25, 2013 - China

Owens Corning, a global producer of glass fiber reinforcements for composite systems and residential and commercial building materials, has announced a manufacturing supply alliance with Xingtai Jinniu Fiberglass Company.

The supply alliance will utilize Jinniu's existing glass fiber furnace capacity in China to provide a reliable supply of customized boron-free glass fiber reinforcements. The alliance will leverage Owens Corning's technology expertise for environmentally sustainable manufacturing.  Both companies will continue to operate as separate commercial entities.

"This supply alliance is an example of two companies working creatively to serve glass fiber customers in the high growth China market with a capital-efficient solution," said Arnaud Genis, Owens Corning Group President, Composites Solutions. 

"By utilizing Owens Corning's advanced technology expertise, and Jinniu's manufacturing capacity, we will continue to meet the market's present and future needs for boron-free glass fiber reinforcements in China."

"Jinniu and Owens Corning have agreed to complement each other's strengths, which will provide a good foundation for sustainable development for both companies," said Qi Zemin, general manager of Jizhong Energy Resources Co., Ltd, the parent company of Xingtai Jinniu Fiberglass Company. "This is also a creative step to explore new models of development for China glass fiber companies."

About Owens Corning

Owens Corning is a global producer of glass fiber reinforcements and engineered materials for composite systems and residential and commercial building materials.

A Fortune 500 company for 59 consecutive years, Owens Corning is committed to driving sustainability through delivering solutions, transforming markets and enhancing lives. Celebrating its 75th anniversary, Owens Corning had sales of $5.2 billion in 2012 and employs 15,000 employees in 27 countries on five continents.