2020-11-30 09:12:25 FFHL Fuwei Films
11/30/20 11/3009:12 11/30/2009:12 | Fuwei Films announces intention to sell Dornier production lineFuwei Films announced the Board of Directors has approved and authorized the management of the company to sell its Dornier production line by open bidding as soon as possible. The Dornier production line manufactures high-performance electric insulation film, base film for solar backsheet and TFT-LCD optical film with an annual design capacity of 23,000 metric tons and thickness between 38 and 250microm. The production line has not attained sufficient purchase orders since installation and the probability for this production line to be put into continuous production in the near future is deemed low. Therefore, the Board of Directors has authorized the management to sell the production line to further increase working capital. |
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