In 2009, the sales volume of glass fiber products exported from China Glass to the European Union was approximately US$40.58 million, accounting for approximately 8.7% of the company’s annual operating income. The company expects that the products exported to the EU market will decline slightly in the near future. However, the self-sufficiency rate of glass fiber in the EU market is seriously insufficient. It still needs to purchase from other countries, especially importing and purchasing from Chinese manufacturers. The company will also absorb the impact of the short-term decline in the EU market demand through other market increments.
The announcement also stated that the anti-dumping duty rate of the European Commission was the preliminary result. According to the EU's anti-dumping investigation procedure, the European Commission is expected to issue a final ruling within six months.
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Cixi Jinfeng Plastics Co.,Ltd, founded in 2000, is a private enterprise engaged in the production of plastic and metal items. With years of rapod developing, our products now fall into categories of flashlight Tool Set, tool set, Hand Tool Set, Screwdrivers, gifts, flashlight, house ware, and etc...They are exported to countries and regions over the world, like USA, Europe, Australia, HK..., and enjoy reputations from the customers for the quality and timely delivery.
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