New production line for solar glass in Malaysia
NSG Group is to invest in additional production capacity of transparent conductive oxide (TCO) coated glass in Malaysia to support the growing solar market. In the plan, a float line at the Johor Bahru factory of Malaysian Sheet Glass SDN BHD will install online coating capacity in the near future and will start shipping TCO glass for solar panel manufacture after the facility is in operation.
It is anticipated that the supply from the converted line will commence during the fourth quarter of the fiscal year ending March 2024. The investment is contingent on successful conclusion of commercial negotiations and government issuance of permits and incentives.