COURBEVOIE, France, June 23 /PRNewswire-FirstCall/ -- To meet the increasing demand of its Indian customers, Saint-Gobain has announced plans to build a new flat glass plant in this country.
This latest investment will be located in the North of India, about 65 km away from Delhi. The plant will operate a very large float line, with a capacity of 300 KT/year; it should come on stream in the first quarter of 2010.
The site chosen will, in the future, enable the Group to establish a new large glassmaking complex similar to that of Chennai.
Thanks to the Pune facility and the large glassmaking complex of Chennai with two float lines, a big automotive glass processing plant and a production unit for coated glass, Saint-Gobain is already the leader on the Indian flat glass market.
The range of products and solutions offered, in the building, automotive and solar energy sectors is as broad as the one proposed in Europe.
The total investment cost is in the order of EUR100 million. This project comes on top of the other capital expenditures in flat glass planned by Saint-Gobain in Poland, Egypt and Colombia.
Saint-Gobain Flat Glass worldwide and in emerging countries
Leader in Europe and the world's second glassmaker, Saint-Gobain Flat Glass is located in 40 countries. Today, Asia and emerging countries represent 35% of its turnover and 55% of its industrial investment.
Investor Relations Department Florence Triou-Teixera +33-1-47-62-45-19 Alexandre Etuy +33-1-47-62-37-15 Vivien Dardel +33-1-47-62-44-29 Press contact Sophie Chevallon +33-1-47-62-30-48
