14.01.2016, 00:23
Saint-Gobain Is to Increase Flat Glass Production Capacity in India
OREANDA-NEWS. Saint-Gobain is to invest around EUR 135 million over the next two years to develop production capacity at its glass facility near Chennai, India's largest such facility.
A third flat glass production facility (the Group's fifth float in India) and a second coater for the construction market will be built on this site. The plant will produce premium highperformance, energy efficient glass using leading-edge technologies which contribute to the environment protection.
This initiative bolsters Saint-Gobain's position in flat glass as leader of the fast-growing Indian market, and is in line with the Group's strategy to increase the share of its industrial assets located outside Western Europe.
A third flat glass production facility (the Group's fifth float in India) and a second coater for the construction market will be built on this site. The plant will produce premium highperformance, energy efficient glass using leading-edge technologies which contribute to the environment protection.
This initiative bolsters Saint-Gobain's position in flat glass as leader of the fast-growing Indian market, and is in line with the Group's strategy to increase the share of its industrial assets located outside Western Europe.
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