Zhengchuan Launched the Pharmaceutical Neutral Borosilicate Glass Project
While accelerating the speed of vaccination, the vaccine related industrial chain has also attracted the attention of the market，especially the vaccine vial, because the vaccine vial is made of neutral borosilicate glass.
Recently, several glass manufacturers have actively developped pharmaceutical neutral borosilicate glass, realized the transformation and transformation of products from low-end to high-end, and seized the market share brought by vaccine demand.
There are still a large number of small and medium-sized enterprises in China's pharmaceutical glass industry producing low-end products (soda lime glass, low borosilicate glass tubes and vials), while few enterprises producing high-end products of neutral borosilicate glass tubes; Although there are many enterprises producing neutral borosilicate glass control vials, they mainly rely on imported glass tubes (high price) and have poor profitability.
In the past, the price of neutral borosilicate glass was high, and the packaging replacement procedure of pharmaceutical enterprises was complex. However, with the optimization of industrial policy and the improvement of production technology, more and more Chinese enterprises are infiltrating the whole industrial chain of neutral borosilicate glass.
Zhengchuan launched the neutral borosilicate glass project, and the raised funds are intended to be invested in the production project of neutral borosilicate pharmaceutical glass and the research project on the compatibility between Chinese borosilicate pharmaceutical glass and medicines. The project is an upgrade of the company's existing low borosilicate business with high technical level. After the implementation of the project, it will effectively promote the improvement of domestic borosilicate pharmaceutical glass technology and process, and consolidate the company's market position. The company said that it will extend the industrial chain, have a complete production capacity of neutral borosilicate glass "tubing vial-making", realize import substitution, and improve its core competitiveness and profitability.
