Optimistic about quartz sand for glass! The second IPO of Follett Glass was approved!

On September 18, according to the results of the review published on the website of the China Securities Regulatory Commission, the application for the A-share issuance has been approved by Follett Glass. This is the second time that Follett Glass has gone through the A-share IPO following the failure of the first application in 2012.

 

â–¼ Foster glass main products

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Information shows: Follett Glass is currently the leading glass manufacturer in China. Its main business is the research and development, production and sales of photovoltaic glass, float glass, engineering glass and household glass, as well as the mining and sales of quartz quartz ore and EPC photovoltaic. The construction of the power station project has a quartzite mine in Fengyang County , Anhui Province .

 

â–¼Fullet glass 2018 first half of the income breakdown (by product category)
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Note: Mineral products refer to ore mined from the Group's quartz rock mine No. 7 in Lingshan -Mufushan , Fengyang County, Anhui Province, China .


â–¼Fullet Glass 2017 Revenue Details (by product category)

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01

Analysis of the status quo of quartz sand industry in the upper part of Follett glass


Quartz sand is the main raw material of the glass industry. With the continuous growth of the market for doors and windows, electronic display panels, photovoltaic panels and other flat glass products, the demand for quartz sand also shows a strong growth trend.

 

However, the production scale of quartz sand in China is generally small, and there are more than 1,000 mining enterprises engaged in quartz sand production , and fewer enterprises with annual production capacity exceeding 1 million tons. The disorderly competition in the industry and the large number of small and medium-sized quartz sand plants make the quartz sand supplier's bargaining power not strong .


â–¼ The average purchase price of the main raw materials and energy of Follett glass
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China's high-quality low-iron quartz sand source is easy to mine, mainly distributed in Guangdong, Guangxi, Anhui, Hainan and other places. In the future, with the growth of ultra-white embossed glass production capacity for solar cells, high-quality quartz sand with limited production area will become Relatively scarce resources , high-quality, stable supply of quartz sand is the guarantee for the development of photovoltaic glass enterprises.


02

Quartz sand quality index requirements for glass industry


The quality requirements of quartz sand in the glass industry are mainly reflected in three aspects: chemical composition, particle size composition and stability. The quality requirements for quartz sand products in the glass industry are as follows:

 

â–  Flat glass


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â–  Ultra-white glass

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â–  Quartz glass

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The application of high temperature glass can often see the limitations of devitrification, high temperature deformation, etc. A small amount of alkali metal acts as a fluxing agent, which can accelerate the dissolution of the quartz container in the pure silicon metal melt, which plays a significant negative role. Metals also play a catalytic role in poor crystallization and have a large effect on the thermal stability of quartz products.

For some applications of quartz glass, such as CZ, it is required to have a relatively low consistency and good boron content . According to the correlation analysis of the source and different levels of boron, the boron content is directly related to the geology of the deposit, which is due to the entry of boron ions. The silicate framework structure produces strong chemical bonds rather than being contained in boron-containing minerals in isolation.

â–  Continuously melted transparent quartz glass tube

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â–  British Hayworth industrial quartz sand specifications

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Source: Follett Glass Annual Report, Prospectus

Editing and finishing: Powder Technology Network






Monel Tube

MONEL®

The registered trademark name, Monel, is applied as the prefix name to several corrosion resistant alloys produced by Special Metals Corporation. These alloys are nickel-based and exhibit traits that include high resistance to atmospheric corrosion, salt water, and various acid and alkaline solutions.

Alloys of identical chemical and mechanical properties are available from other manufacturers and offer excellent alternatives to the various Monel® brand alloys.

The corrosion-resistant alloy is widely used in the marine, oil and chemical processing industries.


Monel Availability

Mega Mex supplies Monel 400, K-500 & R-405. Most of these grades are available in the form of plate, sheet, pipe, tubing, fittings, bar, wire and rod.


What are the Characteristics of Monel ?

Good resistance to acids such as hydrofluoric and sulfuric acid
Highly resistant to alkalis
Malleable
Highly corrosion resistant
Stronger than steel

In what Applications are Monel alloys used ?

Pump shafts, oil-well tools, instruments, doctor blades and scrapers, springs, valve trim, fasteners, marine propeller shafts
Marine components
Chemical and hydrocarbon processing equipment
Valves, pumps, shafts, fittings, heat exchangers

Monel Trivia

Monel was discovered by Robert Crooks Stanley who worked for the International Nickel Company in 1901. The new alloy was named in honor of the president of the company, Ambrose Monell.

*Monel® is a registered trademark of Special Metals Corporation group of Companies.

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