Owens Corning (OC), a producer of building materials, glass-fiber reinforcements and engineered materials for composite systems, announced the functionality of its new furnace at its Tlaxcala glass fiber reinforcement plant.
This operation is the company’s initiative towards increasing its capacity of composite material production.
The new furnace in Tlaxcala is not only expected to enhance the company’s manufacturing capacity, but also double the production of corrosion-resistant Advantex glass. Initially, the furnace will concentrate on assembled roving and dry-use chopped strands.
The Vice President and Managing Director for OC global glass reinforcements, Marcio Sandri, commented that their decision to increase the production capacity at the Tlaxcala facility was announced last year. The expansion was proposed to meet the steady increase in global demand and cater to increasing customer requirements. The decision also aligns with the company’s business strategy plans to reposition its assets to decrease manufacturing cost.
According to Sandri, investment in the new furnace will enable the company to enhance its global presence and flexible supply chain. It will also help the company deliver improved products at the right time and location to satisfy customers. With the furnace being operational, the company can better leverage on the expansion to support its present and future customers.
For 58 consecutive years, Owens Corning has been a Fortune 500 company and is dedicated to promote sustainability by providing solutions that help improve lives. The company was established in 1938 and generated a sale of $5.3 billion in 2011. It employs 15,000 personnel in 28 countries on five continents.